HIVE Blockchain Technologies reports Q3 results

  • HIVE Blockchain Technologies press release (NASDAQ:HIVE): FQ3 net income reached $64.2M, up 7% from last quarter, and 273% since the prior year.
  • Revenue of $68.2M (+397.4% Y/Y).
  • Generated revenue from digital currency mining of $68.2M, with a gross mining margin of $61.7M.
  • Mined 697 Bitcoin and over 7,126 Ethereum during the three-month period ended December 31, 2021.
  • HIVE ended the current December quarter holding 1,813 Bitcoin worth $83.1 million and 23,290 Ether worth $84.9 million.

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