HIVE Digital Technologies (TSE:HIVE) has released an update.
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HIVE Digital Technologies reported a significant increase in Bitcoin production for November 2024, boosting its portfolio to 2,713 BTC and valuing its holdings at over $261 million. The company announced a major expansion plan with the purchase of new mining equipment, aiming to reach a mining capacity of 15 EH/s by summer 2025, which is expected to significantly enhance its revenue and mining margin.
For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.
