Cryptoknowmics
2022-11-07 10:38:33

Hive Blockchain Owns $68M in Bitcoin and Has No Hardware Debt Costs

According to a report made public on Monday, the Canadian Bitcoin miner Hive Blockchain (HIVE) has 3,311 bitcoin valued at $68.8 million. Additionally, the investigation indicated that Hive has no debt servicing obligations related to its digital assets or mining equipment, despite the fact that many of its competitors are experiencing the effects of the bear market. The bitcoin miner reported that the amount of bitcoin on its financial statements has increased since the conclusion of the previous fiscal quarter. Hive Blockchain Reports Hive Blockchain observed that this rise in Bitcoin treasury occurred when it has finished paying out financial The post Hive Blockchain Owns $68M in Bitcoin and Has No Hardware Debt Costs appeared first on Cryptoknowmics-Crypto News and Media Platform.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.