HIVE Blockchain Technologies Ltd
NASDAQ:HIVE

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HIVE Blockchain Technologies Ltd Logo
HIVE Blockchain Technologies Ltd
NASDAQ:HIVE
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Price: 3.08 USD -1.28% Market Closed
Market Cap: 360.6m USD

HIVE Blockchain Technologies Ltd
Investor Relations

HIVE Blockchain Technologies Ltd. engages in building a bridge from the block chain sector to traditional capital markets. The company is headquartered in Vancouver, British Columbia and currently employs 19 full-time employees. The firm owns green energy-powered data center facilities in Canada, Sweden, and Iceland which produces minted digital currencies. The Company’s digital currencies consist of Ethereum, Ethereum Classic, and Bitcoin. The firm also provides shareholders with operating margins of digital currency mining as well as a portfolio of crypto coins. The firm also owns a data center campus in New Brunswick. The Company’s geographic segments include Canada, Sweden, Iceland and Bermuda. The firm provides its services from the blockchain sector to traditional capital markets.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 17, 2025
AI Summary
Q2 2026

Record Revenue: HIVE reported $87.3 million in quarterly revenue, a major jump from $22.6 million last year, driven by both Bitcoin mining and high-performance computing (HPC) services.

Bitcoin Mining Expansion: The company reached 25 exahash of installed Bitcoin mining capacity and now operates 440 megawatts of green energy, mainly due to rapid expansion in Paraguay.

AI Cloud Growth: HIVE’s AI cloud business achieved a $20 million annual run rate, with plans to double GPU capacity to 11,000 and target over $200 million ARR by the end of 2026.

Strong Margins: Gross operating margin climbed to $42.4 million (49%), up from $400,000 a year ago, supported by operational efficiency and fleet upgrades.

Strategic Partnerships: The company secured a transformative partnership with Bell Canada to deploy thousands of NVIDIA GPUs and advance its Tier 3 AI data center footprint.

Balanced Capital Strategy: HIVE is funding growth using vendor financing and operational cash flow, minimizing the need for new equity or debt.

Focus on ROIC: Delivered 18% annualized return on invested capital this quarter, emphasizing disciplined capital allocation and lowest G&A in the sector.

Outlook: Management targets $750 million combined ARR by end of 2026 and sees major long-term opportunities in both Bitcoin mining and HPC/AI cloud services.

Key Financials
Revenue
$87.3M
Gross Operating Margin
$42.4M
Gross Operating Margin Percentage
49%
Adjusted EBITDA
$31.5M
Net Income
-$15.8M
Bitcoin Production
719 BTC
Treasury Bitcoin
210 BTC
Pledged Bitcoin
1,992 BTC
Bitcoin Mining Capacity
25 exahash installed
Green Energy Capacity
440 MW
AI Cloud Annual Run Rate
$20M
Annualized ROIC
18%
Cash
$22.6M
Digital Securities
$24.4M
Receivables and Prepaids
$17M
Current Liabilities
$55.5M
Strategic Investments
$25.7M
Earnings Call Recording
Other Earnings Calls

Management

Mr. Frank Edward Holmes
Executive Chairman
No Bio Available
Mr. Aydin Kilic
President & CEO
No Bio Available
Mr. Darcy Daubaras
Chief Financial Officer
No Bio Available
Mr. William Gray
Chief Technology Officer
No Bio Available
Mr. Gabriel Ibghy
General Counsel
No Bio Available
Ms. Johanna Thornblad
Country President of Sweden
No Bio Available
Mr. Luke Rossy
Chief Operating Officer
No Bio Available
Mr. Mario Sergi
Chief Information Officer
No Bio Available

Contacts

Address
BRITISH COLUMBIA
Vancouver
855 - 789 West Pender Street, 555 Burrard Street
Contacts