secwatch.observer — SEC 8-K summary
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Issuer:     HIVE Digital Technologies Ltd. (HIVE)
CIK:        0001720424
Form:       8-K
Filed at:   2026-06-02T10:23:19+00:00
Accession:  0001062993-26-002965
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HIVE FY2026 revenue $297.8M (+158% YoY); GAAP net loss $148.4M
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- Total revenue $297.8M (+158% YoY) from digital currency mining ($278.3M) and HPC hosting ($19.5M).
- Bitcoin production 2,885 BTC (+104% YoY); installed hashrate 25.1 EH/s as of March 31, 2026.
- GAAP net loss $148.4M includes $170.4M depreciation and $50.9M non-cash adjustments; Adjusted EBITDA $72.9M (24% margin).
- Gross operating margin expanded to 36% from 22% YoY; HPC revenue up 94% to $19.5M.
- Digital assets $10.8M including 150 Bitcoin; G&A increased to $31.4M from $16.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326002965/0001062993-26-002965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326002965/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-002965

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