Hive doubles down on BTC hodl strategy amid miner equity dilution, debt reliance

Hive Digital is intensifying its BTC treasury strategy, with CFO Darcy Daubaras emphasizing the need for holding mined Bitcoin to benefit from price growth. This long-term approach aims to reduce reliance on debt or equity dilution.

The decline in Bitcoin’s price, dropping by 30% to approximately 84,502 USD, has prompted Hive to explore expansion and acquisitions, focusing on growth without over-leveraging.

Hive’s hodl position has reached 2,805 BTC by the end of 2024, with plans to diversify into AI and renewable energy to combat rising costs and strengthen its financial resilience.

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