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HIVE Digital Up 3% After Reporting Bitcoin Production, HODL Growth
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HIVE Digital Up 3% After Reporting Bitcoin Production, HODL Growth
Mar 6, 2024 9:10 AM

11:35 AM EST, 03/06/2024 (MT Newswires) -- HIVE Digital Technologies Ltd. ( HIVE ) on Wednesday rose 3% on last look after reporting unaudited production figures for February.

The company said it has increased its Bitcoin holdings by 10% and its HODL position at month end was 2,131 Bitcoin on the balance sheet. HIVE has maintained more than 4.06 Exahash of Bitcoin mining capacity on average for February.

HIVE said it mined 200 Bitcoin in February and averaged a production of 6.9 BTC per day.

As of March 4, 2024, HIVE increased its HODL position to 2,159 Bitcoin, up from 2,131 BTC at the end of February.

The company's stock was up nearly 2% on last look on Wednesday.

Price: 4.74, Change: +0.14, Percent Change: +3.04

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