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HIVE Digital Technologies Increases Bitcoin Reserves by 64.6% in December 2024

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#Bitcoin
$BTC
PANews
198Words
Jan 9, 2025

HIVE Digital Technologies reported mining 103 bitcoins in December 2024, increasing its HODL reserves to 2,805 $BTC, a 64.6% year-on-year rise. The company maintained an average mining capacity of 5.5 EH/s, with a $BTC peak hash rate of 6.0 EH/s and a $BTC equivalent peak hash rate of 6.3 EH/s. As of December 31, 2024, HIVE's Bitcoin holdings were valued at over $261.9 million, based on a $BTC closing price of approximately $93,400.

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