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home / news releases / HVBTF - HIVE Blockchain Technologies reports FQ1 results

HVBTF - HIVE Blockchain Technologies reports FQ1 results

HIVE Blockchain Technologies Ltd
HIVE Blockchain Technologies (HVBTF): FQ1 GAAP EPS of $0.00.Revenue of $6.58M (-27.9% Y/Y)Gross Mining Margin of 39%.Adjusted EBITDA of $2.6M."The first quarter marked an important period of transition for HIVE as we completed the assumption of direct control of our data centre operations from our former strategic partner and diversified our operations through the acquisition of our data centre facility in Canada to complement our Ethereum mining data centres in Europe, all of which are powered by green energy, which produce coins such as Ethereum and Bitcoin continuously in the cloud" said Frank Holmes, Interim Executive Chairman of HIVE.Press Release

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HIVE Blockchain Technologies reports FQ1 results
Stock Information
Company Name: HIVE Blockchain Technologies Ltd
Stock Symbol: HVBTF
Market: OTC
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