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HIVE Digital Technologies ( (TSE:HIVE) ) has shared an update.
HIVE Digital Technologies Ltd. released its condensed interim consolidated financial statements for the three months ended June 30, 2025, showing an increase in revenue from digital currency mining and high-performance computing compared to the same period in 2024. The company’s financial position improved with total assets rising to $628.7 million from $531.6 million as of March 31, 2025, and a reduction in total liabilities. This financial performance indicates a strengthening of HIVE’s market position and operational capacity, potentially benefiting stakeholders.
The most recent analyst rating on (TSE:HIVE) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.
Spark’s Take on TSE:HIVE Stock
According to Spark, TipRanks’ AI Analyst, TSE:HIVE is a Neutral.
HIVE Digital Technologies’ overall score reflects financial challenges with declining revenues and negative profitability. However, positive technical indicators and strategic expansions in Bitcoin mining and AI infrastructure provide growth potential. The valuation remains a concern due to negative earnings, but recent corporate events and strategic initiatives offer a positive outlook.
To see Spark’s full report on TSE:HIVE stock, click here.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd. operates in the digital currency mining industry, focusing on high-performance computing services. The company is incorporated in British Columbia, Canada, and has its principal executive office in San Antonio, Texas, USA.
Average Trading Volume: 1,212,280
Technical Sentiment Signal: Sell
Current Market Cap: C$666.5M
Learn more about HIVE stock on TipRanks’ Stock Analysis page.
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