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HIVE Blockchain Boosts Bitcoin Holdings

HIVE Blockchain Boosts Bitcoin Holdings

HIVE Blockchain Technologies (TSE:HIVE) has released an update.

HIVE Blockchain Technologies has reported a successful June 2024 with a production of 119 Bitcoin, boosting their holdings by 2% to a total of 2,496 BTC. The company, which focuses on sustainable green energy-powered blockchain infrastructure, is poised for expansion with the upcoming addition of 2,150 S21 Pro miners, potentially increasing their operational hashrate to 5.5 EH/s. As a pioneer in eco-friendly cryptocurrency mining, HIVE’s growth is further complemented by its venture into AI, utilizing Nvidia GPU chips.

For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.

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