HIVE Digital Technologies Ltd is trading 5.4% down at $4.50 following the release of its fiscal 2026 results and a broader downturn in the cryptocurrency market.
- While revenue grew 158% to $297.8 million, the company reported a significant GAAP net loss of $148.4 million and an adjusted EBITDA loss for the fourth quarter.
- The stock is facing additional headwinds from a sharp crypto sell-off, with Bitcoin and Ethereum dropping 5.3% and 3.8% respectively, pressuring crypto-linked miners amid broader de-risking in digital assets.