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HIVE Adds 79 BTC to Treasury

HIVE Digital Technologies added 79 BTC to its Bitcoin treasury during the quarter ending September 30. Its holdings reached 269 BTC, up 41.6% from June's 190 BTC. The company mined 1,070 BTC during the quarter and sold 991 BTC, representing 92.6% of its total production. These digital asset sales generated $70 million in proceeds. HIVE's mining revenue fell 7.4% year over year to $76 million, while high-performance computing revenue rose 70.7% to $8.8 million. Total revenue reached $84.9 million, and the company posted a $78.7 million net loss.

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