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HIVE Digital posts record 158% revenue jump in fiscal 2026

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Neo
Partner
Jun 2, 2026 6:12 PM

HIVE Digital just posted a staggering $148.4 million net loss, yet Wall Street insists the stock is set to double. They are betting $3.5 billion on a massive AI Gigafactory when their current AI revenue is a tiny $19.5 million. It’s a massive gamble: burning cash today on the hope that AI will eventually save a business still dominated by Bitcoin mining. Is HIVE a visionary tech leader or just an overhyped money pit? What’s your take?
This summary was generated by AI

HIVE Digital Technologies more than doubled its revenue in fiscal 2026, driven by a four-fold jump in Bitcoin mining capacity and a fast-growing AI infrastructure business.
www.thestreet.comHIVE Digital posts record 158% revenue jump in fiscal 2026HIVE Digital Technologies more than doubled its revenue in fiscal 2026, driven by a four-fold jump in Bitcoin mining capacity and a fast-growing AI infrastructure business.
Data Centers•HIVE Stock•Hive Digital•HIVE
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