HIVE Digital posts 219% revenue jump as miner-AI hybrid strategy gains traction
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Third-quarter results show revenue growth despite lower Bitcoin prices, alongside new AI computing contracts, as HIVE continues to expand beyond its core mining business.
HIVE Digital Technologies delivered a record fiscal third quarter despite weaker Bitcoin prices, suggesting that its expansion into artificial intelligence and high-performance computing is offsetting broader crypto-market headwinds.
For the quarter ended Dec. 31, 2025, HIVE reported $93.1 million in revenue, a 219% increase from a year earlier. Gross operating margin expanded more than sixfold year over year to $32.1 million, representing about 35% of revenue.
The strong performance came even as Bitcoin (BTC) prices declined about 10% during the quarter and network difficulty rose about 15%, conditions that have pressured mining margins across the industry following the 2024 halving.
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