Crypto mining stock surpasses 2,500 Bitcoin on its balance sheet | 2024-08-02 | Investing News

Date:

  • HIVE Digital Technologies (TSXV:HIVE), a global crypto mining stock, is reporting unaudited production of 116 Bitcoin in July, representing a 2 per cent increase to its total holdings month-over-month
  • The company now holds 2,533 units of the world’s largest cryptocurrency on its balance sheet valued at over US$164 million as of July 31, 2024
  • HIVE is a cryptocurrency mining and high-performance computing company with operations in Europe and North and South America
  • HIVE Digital stock has given back 29.52 per cent year-over-year, but has gained 175.29 per cent since 2019

HIVE Digital Technologies (TSXV:HIVE), a global crypto mining stock, is reporting unaudited production of 116 Bitcoin (BTC) in July, representing a 2 per cent increase to its total holdings month-over-month.

The company achieved the milestone with average mining capacity of over 4.7 Exahash (EH/s), unchanged from June, which…

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