Bitcoin Mining Still Drives 90% of HIVE Revenue

HIVE Digital Technologies just shared a clear look at its financial standing, revealing that its combined operations pulled in over $1 million per day between August 21 and September 10. While the firm is making big moves into artificial intelligence and cloud computing, traditional crypto operations are still doing the heavy lifting.

According to the company update, the GPU cloud business brought in about $100,000 daily, making up roughly 10 percent of the total. Bitcoin mining supplied the remaining 90 percent, averaging about 12 coins mined per day. Even though HIVE has secured massive contract values for its AI infrastructure, those figures represent future potential rather than immediate cash.

Traders should watch how well the company manages this two speed transition. The real test ahead is whether HIVE can successfully convert its large pipeline of AI agreements into steady revenue without losing the crucial cash flow coming from its mining rigs.