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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

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