HIVE Digital Technologies’ Mixed Financial Performance in 2024

HIVE Digital Technologies (TSE:HIVE) has released an update.

HIVE Digital Technologies Ltd. reported mixed financial results for the first half of 2024, showing a rise in total assets to $334.7 million from $307.6 million, while revenue from digital currency mining slightly dipped from the previous year. Despite an increase in investments, the company faced challenges with increased operating costs and a larger accumulated deficit, affecting overall profitability.

For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.