Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC

Hive Digital reported Q1 2026 revenue of 45.6 million USD, marking a 44.9% increase in digital currency mining revenue at 40.8 million USD.

The company mined 406 Bitcoin, achieving a 34% increase quarter-over-quarter, reflecting the positive impact of rising Bitcoin prices.

Revenue from Hive’s HPC division, Buzz HPC, surged 59.8% to 4.8 million USD, demonstrating strong business growth in high-performance computing.