HIVE Reports $297.8 Million FY2026 Revenue as Bitcoin Holdings Drop to 150 BTC

HIVE Digital Technologies reported fiscal 2026 revenue of $297.8 million for the year ended March 31, 2026, up 158% from a year earlier, as digital currency revenue climbed 164% to $278.3 million and high-performance computing hosting revenue rose 94% to a record $19.5 million. The company mined 2,885 BTC during the year, up 104% from 1,414 BTC in 2025, despite an approximately 42% increase in average network difficulty, and said installed hashrate expanded from 6.5 EH/s to 25.1 EH/s. HIVE reported a GAAP net loss of $148.4 million, largely due to depreciation and unrealized investment losses, while adjusted EBITDA was $72.9 million. In the final quarter, revenue fell to $71.8 million as bitcoin prices and hashprice weakened, with mining revenue down 23.9% from the prior quarter to $67.2 million and HPC revenue slipping to $4.6 million because of a deployment delay at one facility. HIVE sold 331 BTC during the quarter, reducing holdings to 150 BTC from 481 BTC as of Dec. 31, 2025, and reported $10.8 million in digital asset holdings as of March 31.