[Bitcoin Mining Firm Hive Revenue Up 219% Year-on-Year, But Posts $91 Million Net Loss Due to Accelerated Depreciation] BlockBeats News, February 17: Bitcoin mining firm Hive announced that for the third quarter of the fiscal year ending December 31, 2025, the company achieved revenue of $93.1 million, a year-on-year increase of 219% and a quarter-on-quarter increase of 7%. In November last year, Hive also set a new record for quarterly revenue. Hive attributed the revenue growth to the comprehensive expansion of its Bitcoin computing power cluster and the BUZZ high-performance computing platform. However, due to "accelerated depreciation and non-cash revaluation adjustments related to the expansion in Paraguay," Hive Mining posted a net loss of $91.3 million, which undermined its success in revenue growth.