Express

Hive Blockchain Saw $7.4M Profit And Record Cash Flow In Q2 F2021

Mary Liu

Summary: Hive Blockchain (OTCQX: HVBTF) today announced its Q2 F2021 financial report as of September 30. The report showed that the company’s crypto mining revenue for the second quarter of fiscal 2021 was $13 million, an increase of 8% over the same period last year; The quarterly cash flow set a record high of $10.6 million; ...

Hive Blockchain (OTCQX: HVBTF) today announced its Q2 F2021 financial report as of September 30. The report showed that the company’s crypto mining revenue for the second quarter of fiscal 2021 was $13 million, an increase of 8% over the same period last year; The quarterly cash flow set a record high of $10.6 million; mining gross profit increased from $560,000 in the same period last year to $9.2 million; profit grew from a loss of $1.8 million last year to $7.4 million.

By Mary Liu

Last Update:

Tags: ,,,
Link: Hive Blockchain Saw $7.4M Profit And Record Cash Flow In Q2 F2021   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago

    • You need to login to comment.