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HIVE Adds 79 Bitcoin as Fiscal Second-Quarter Holdings Reach 269 BTC

It mined 1,070 BTC in July through September, while a calculation of its six-month sales implies it sold about 991 BTC in the quarter.

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Mining units line a hall beneath warm industrial lights / TokenPost.ai
Mining units line a hall beneath warm industrial lights / TokenPost.ai

HIVE Digital Technologies ended its fiscal second quarter with 269 Bitcoin (BTC), worth $22.410 million, after adding 79 BTC to its holdings as estimated sales came close to mined output.

The quarter covered July through September, when HIVE mined 1,070 BTC. Subtracting the 918 BTC sold from April through June from the 1,909 BTC sold across the six months through Sept. 30 gives an estimated 991 BTC sold during the latest quarter. That equals about 93% of quarterly production.

HIVE also listed options to repurchase 212 BTC previously transferred as equipment deposits. Those rights were reported separately from its 269 BTC balance.

Riot Platforms’ third-quarter sales and holdings included 10,599 BTC sold and 2,418 BTC held at Sept. 30; its sales across the first nine months totaled 20,264 BTC. CleanSpark’s September holdings fell to 13,530 BTC from 13,703 BTC at Aug. 31.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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