Hive Digital is reinforcing its long-term Bitcoin treasury strategy, using the recent market downturn to expand its mining capabilities and acquisition goals. According to Darcy Daubaras, the company's CFO, Hive aims to retain a substantial portion of its mined Bitcoin to benefit from potential price increases while minimizing reliance on debt or stock dilution. The ongoing challenges faced by miners, such as rising electricity costs and competition, are prompting many to adopt a hodl approach instead of aggressively selling their mined Bitcoin. Although Hive has sold some Bitcoin to finance strategic acquisitions, it prefers selective sales to support accretive investments. The company is also diversifying its revenue streams, repurposing some of its GPU resources for AI tasks to enhance profitability. This shift, along with a focus on renewable energy, reflects a broader trend among public miners adjusting their business models in response to evolving market conditions.

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