HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC
Hex37's read
- HIVE reported a 158% annual revenue increase to $298 million.
- Company's Bitcoin holdings decreased significantly from 481 to 150 BTC.
- Bitcoin mining revenue saw a 23.9% decline in the last quarter.
What it means for traders
- HIVE's revenue growth may be driven by factors other than direct BTC holdings.
- Reduced BTC holdings could signal a shift in HIVE's strategy or market outlook.
Affected markets
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