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HIVE Reports $84.9M Revenue; AI Grows 71%

HIVE Digital reported about $84.9 million in revenue for its fiscal second quarter, ended September 30, 2026. Its BUZZ high-performance-computing division generated about $8.8 million, up 70.7% from the comparable period, but remained a small part of the company’s operations.

HIVE also reported a quarterly net loss of about $78 million, including an approximately $31.2 million mining-equipment impairment. That impairment is generally a noncash charge, so the loss does not mean HIVE spent the same amount of cash during the quarter. The company reported about $139 million in cash.

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