Bitcoin Miner HIVE Reports Record Revenue Amid Production Surge

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In accordance with Bijié Wǎng, HIVE Digital Technologies reported Q2 2026 financial results with revenue reaching a record $87.3 million, a 285% year-over-year increase. Adjusted EBITDA stood at $31.5 million, while Bitcoin production rose 77% quarter-over-quarter to 717 BTC, valued at approximately $67.5 million, despite increased network difficulty. Executive Chairman Frank Holmes attributed the growth to positive hash rate expansion and efficiency improvements. The company is advancing AI data center projects in Canada and Europe through its subsidiary BUZZ HPC. HIVE's stock rose 6% to $3.52, with a year-to-date gain exceeding 20%.

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