HIVE Digital Technologies (TSE:HIVE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
HIVE Digital Technologies reported a significant increase in Bitcoin production for November 2024, boosting its portfolio to 2,713 BTC and valuing its holdings at over $261 million. The company announced a major expansion plan with the purchase of new mining equipment, aiming to reach a mining capacity of 15 EH/s by summer 2025, which is expected to significantly enhance its revenue and mining margin.
For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.