HIVE Digital grows Bitcoin production and HODL position | 2024-01-04 | Investing News

Date:

  • HIVE Digital Technologies (TSXV:HIVE) mined 282.8 Bitcoins in Dec. 2023, up from 276.3 Bitcoins in Nov.
  • The company’s HODL (i.e long-term oriented) position at month-end stood at 1,707 Bitcoins, an increase of 80 coins from Nov.
  • HIVE Digital Technologies offers exposure to Bitcoin and the high-performance computing industry
  • HIVE Digital Technologies stock (TSXV:HIVE) is up by 136.33 per cent year-over-year and by 266.46 per cent since 2019
  • The TSX, in comparison, is up by only 6.53 per cent year-over-year and by 44.65 per cent since 2019

HIVE Digital Technologies (TSXV:HIVE) mined 282.8 Bitcoins in Dec. 2023, up from 276.3 Bitcoins in Nov.

The figure represents an average of 71.6 Bitcoins per exahash (EH), with an average hashrate of 3.95 EH/s for the month.

HIVE’s average production of 9.1 Bitcoins per day in Dec. represents approximately 1 per cent of the…

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