HIVE Digital (HIVE) Stock Drops Despite Best Quarter in Company History

TLDR HIVE Digital posted record Q3 revenue of $93.1 million, up 219% year-over-year, despite a 10% drop in Bitcoin prices. Gross operating margin surged more than sixfold to $32.1 million, roughly 35% of total revenue. HIVE signed a two-year, $30 million contract with Bell to deploy 504 Nvidia B200 GPUs, boosting HPC annual revenue run [...]

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