Bitcoin mining company Hive announced a revenue of $93.1 million for the third quarter of its fiscal year ending December 31, 2025, marking a 219% year-over-year increase and a 7% rise from the previous quarter. The company attributed this growth to the expansion of its Bitcoin computing power cluster and BUZZ high-performance computing platform. However, Hive reported a net loss of $91.3 million, primarily due to accelerated depreciation and non-cash revaluation adjustments related to its expansion in Paraguay, which offset its revenue gains.