Hive Blockchain Technologies Ltd (TSE:HIVE) has released an update.
HIVE Blockchain Technologies Ltd. has reported a significant increase in its Bitcoin holdings, reaching 2,131 BTC by the end of February 2024, representing a 10% growth from the previous month. Highlights include mining 200 Bitcoin with an average hashrate of 4.06 EH/s, and a daily production rate of 6.9 BTC, showcasing the company’s efficient operations and robust mining capabilities. HIVE’s strategic focus on HODLing Bitcoin aligns with the expectation of increased demand, particularly as the next Bitcoin Halving event approaches.
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