Reports Q2 revenue $22.6M, consensus $25.62M. Darcy Daubaras, HIVE‘s CFO, stated, “HIVE has delivered a solid quarter, demonstrating consistent revenue, a 50% year-over-year increase in our HODL position, and strong EBITDA1 growth. This performance is especially noteworthy given the April 2024 Bitcoin Halving, which halved Bitcoin rewards for transaction security. Our ability to maintain stability amidst this event underscores HIVE’s operational excellence and proactive strategy.”
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