Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company's revenue reached $93.1 million, a year-over-year increase of 219% and a quarter-over-quarter increase of 7%. Hive also achieved a record high quarterly revenue last November. Hive attributed the revenue growth to the overall growth of its Bitcoin hashrate clusters and the BUZZ high-performance computing platform. However, due to accelerated depreciation and non-cash revaluation adjustments related to its expansion in Paraguay, Hive Mining Company incurred a net loss of $91.3 million, which hampered its success in revenue growth.