EarningsHIVE reported better-than-expected F1Q26 results, with total revenues of $45.6M, ahead of consensus estimates at $43.9M, and up 46% quarter over quarter.
Strategic ExpansionThe company is making encouraging progress with its dual strategy, notably expanding its HPC footprint by 3.5 times with a new data center in Toronto.
ValuationHIVE is seen as very attractively valued at current levels, trading at ~$32M per deployed EH, which is well below large-scale peers averaging ~$115M per EH.