HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures
TL;DR: HIVE Digital reported $84.9 million in fiscal second-quarter revenue and roughly 71% growth in its AI-focused BUZZ GPU business. The company also recorded a substantial quarterly loss, including a mining-equipment impairment. The results show both the promise and cost of shifting computing capacity toward AI services. Bitcoin miners have spent much of 2026 trying…
Bitdeer Revenue Jumps 89% to $320.7M as AI Backlog Grows Despite Quarterly Loss
TL;DR: Bitdeer posted record third-quarter revenue of $320.7 million, up 89% year over year, while reporting a $125.5 million net loss. Its stated AI-cloud backlog approached $2.9 billion, highlighting demand potential but not revenue already earned or cash already collected. Bitdeer has delivered one of the clearest examples yet of a Bitcoin mining business trying…