HIVE Bitcoin Output Up 49% as Mining Revenue Continues to Drop

Bitcoin mining has delivered more output for HIVE Digital Technologies , but its latest quarterly filing shows how quickly revenue can fall when Bitcoin prices weaken. In the three months ended Sept. 30, 2026, the miner produced 1,070 Bitcoin—up from 718 in the prior-year quarter—yet mining revenue declined 7.4% to $76 million as the average price of Bitcoin fell to $71,003 from $114,382 a year earlier. The quarter also highlighted intensifying cost pressures. HIVE ’s electricity expense rose to $45.6 million from $37.9 million, reflecting expansion of its global mining capacity.