Hive Digital Technologies Rings Nasdaq Closing Bell as Bitcoin Miner Expands High-Performance Computing Business
The post Hive Digital Technologies Rings Nasdaq Closing Bell as Bitcoin Miner Expands High-Performance Computing Business appeared on BitcoinEthereumNews.com. Hive Digital Technologies marks a significant milestone by ringing the Nasdaq closing bell, underscoring its strategic pivot from Bitcoin mining to high-performance computing (HPC) expansion. The company aims to achieve a $100 million annual run rate for its HPC business by next year, reflecting its proactive diversification amid tightening Bitcoin mining margins. According to COINOTAG sources, Hive’s leadership highlights the ongoing industry challenges, including the intense competition for electricity and land resources and the evolving perception of Bitcoin as a reserve asset. Hive Digital Technologies accelerates HPC growth with Nasdaq milestone, targeting $100M run rate amid Bitcoin mining shifts and industry challenges in 2025. ‘, ‘
The post Hive Digital Technologies Rings Nasdaq Closing Bell as Bitcoin Miner Expands High-Performance Computing Business appeared on BitcoinEthereumNews.com.
Hive Digital Technologies marks a significant milestone by ringing the Nasdaq closing bell, underscoring its strategic pivot from Bitcoin mining to high-performance computing (HPC) expansion. The company aims to achieve a $100 million annual run rate for its HPC business by next year, reflecting its proactive diversification amid tightening Bitcoin mining margins. According to COINOTAG sources, Hive’s leadership highlights the ongoing industry challenges, including the intense competition for electricity and land resources and the evolving perception of Bitcoin as a reserve asset. Hive Digital Technologies accelerates HPC growth with Nasdaq milestone, targeting $100M run rate amid Bitcoin mining shifts and industry challenges in 2025. ‘, ‘
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