HIVE, a company that uses computers to create Bitcoin (a type of cryptocurrency), had a great third quarter! They made a lot of money and added more Bitcoin to their collection.
They earned $29.2 million and their profits (after paying costs) were $17.3 million. This is super impressive, especially since they also expanded their other business of providing super-fast computing services.
HIVE is getting bigger and plans to become one of the largest Bitcoin miners in the world!
- Made $29.2 million in revenue.
- Increased their Bitcoin collection to 2,805.
- Expanding their business into super-fast computer services.
- Planning to mine much more Bitcoin in the future.
| Fact | Number |
|---|---|
| Total Revenue | $29.2 million |
| Bitcoin Held | 2,805 |
| Projected Hashrate (by September 2025) | 25 EH/s |
