Hive Digital reports Q3 EPS 1c vs (8c) last year

Reports Q3 revenue $29.2M vs $31.25M last year. Frank Holmes, HIVE‘s Executive Chairman, stated, “We ended calendar year 2024 with a record Bitcoin HODL of 2,805 Bitcoin valued at over $260 million. This represents a 263% year-over-year increase from $72 million of Bitcoin on our balance sheet at the end of December 2023. We achieved this while keeping shareholder dilution among the lowest in the industry, with our total shares outstanding increasing only 51% over the same period to fund our growth. This performance demonstrates the result of our leading operational efficiency and disciplined capital allocation strategy of focusing on maximizing cash return on invested capital, which has consistently been one of the highest in the industry.”