marketNovember 10, 2026
HIVE reports quarterly loss of $78.7 million
Mining company HIVE has published its quarterly report: its net loss came to $78.7 million on revenue of $84.9 million.
Mining revenue fell 7.4% year over year to $76 million. Its artificial intelligence segment, meanwhile, grew 70.7% to $8.8 million.
The loss included $54.9 million in depreciation and $31.2 million in equipment impairment.
For people who hold or exchange crypto, this is the report of one mining company: it shows how its mining and AI revenue compared in the period.