source avatarThe Sagami Letter | Tony Sagami

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🐝 🐝 HIVE Digital Technologies' Bitcoin stash fell from 481 to 150 Bitcoin in Q1 because it sold Bitcoin to fund its AI/HPC growth initiatives. “From a treasury perspective, we view Bitcoin as both a strategic reserve asset and a source of capital. In fiscal 2026, we determined that investing capital in infrastructure expansion generated a superior risk-adjusted return for shareholders," said CFO Darcy Daubaras. Given the drop in the price of Bitcoin, that decision looks like a genius financial move. https://t.co/JdBdo5YATf

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