HIVE Reports $84.9M Revenue as AI GPU Operations Expand
HIVE Digital posted $84.9 million in fiscal second-quarter revenue as its BUZZ AI GPU business grew about 71%, while The Block highlighted sharply higher net income.
HIVE Digital posted $84.9 million in fiscal second-quarter revenue as its BUZZ AI GPU business grew about 71%, while The Block highlighted sharply higher net income. TRON (TRX) is trading at ₹29.72 ($0.3163). This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Wed, 11 Nov 2026 16:45:01 UTC.
HIVE’s expansion in AI-focused GPU services could reduce its dependence on pressure in cryptocurrency mining, making the BUZZ business an increasingly important source of growth. The reported earnings also show how AI infrastructure and digital-asset operations are converging within the same company.
- HIVE generated $84.9 million in fiscal second-quarter revenue
- BUZZ AI GPU business grew approximately 71%
- The Block reported $14.9 million in quarterly net income
- Nine-month net income reached $39.4 million, up 203%
HIVE Digital reported $84.9 million in revenue for its fiscal second quarter, according to NewsBTC. The company’s AI-focused BUZZ GPU business grew by approximately 71%, providing the clearest indication in the coverage that HIVE is expanding beyond its established cryptocurrency mining operations as mining conditions remain pressured. The Block highlighted HIVE’s profitability, reporting net income of $14.9 million for Q3 2026, an increase of 22% from a year earlier. It also cited nine-month net income of $39.4 million, up 203%, adding a longer-term earnings measure to NewsBTC’s quarterly revenue and BUZZ growth figures. The two outlets agree that HIVE delivered stronger results and that AI-related activity is a material part of the company’s performance. They do not provide the same headline financial metric: NewsBTC focuses on quarterly revenue and the growth rate of BUZZ, while The Block concentrates on quarterly and nine-month net income. No contradiction appears between the reports because the figures cover different measures and periods.
HIVE’s AI GPU expansion matters because it places a second growth engine alongside cryptocurrency mining, which the headline identifies as facing pressure. The supplied coverage does not quantify the mining impact or HIVE’s revenue mix, so the precise contribution of BUZZ cannot be determined from the available figures.
The broader crypto market was broadly lower, with total capitalization at $2.52 trillion. 
Bitcoin declined 1.35% over 24 hours, while the Fear & Greed index stood at 29, indicating a Fear reading. 
TRON, the designated relevant coin for this brief, traded at $0.316497, down 1.03% over 24 hours and 0.75% over seven days, with a $30.08 billion market capitalization.
The next operating measures to watch are whether HIVE can maintain BUZZ’s reported growth while managing mining pressure, and whether the higher net-income figures persist. The current market backdrop remains risk-averse, although the supplied data does not establish a direct link between HIVE’s performance and TRON or Bitcoin prices.
Since this brief published about 8 hours ago, TRON (TRX) has moved from ₹29.74$0.3165 to ₹29.72$0.3163 — -0.07%.
The chart plots TRX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 TRX ≈ ₹31.43 (about $0.3163), down 0.7% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 11, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
HIVE Reports $84.9M Revenue as AI GPU Operations Expand — questions & answers
What revenue did HIVE report for its fiscal second quarter?
NewsBTC reports that HIVE Digital recorded $84.9 million in fiscal second-quarter revenue.
How quickly did HIVE's AI GPU business grow?
NewsBTC says the BUZZ AI-focused GPU business grew approximately 71%.
What profitability figures did The Block report?
The Block reported $14.9 million in Q3 2026 net income, up 22% year over year, and $39.4 million for nine months, up 203%.
What was the crypto market backdrop?
Total crypto market capitalization was $2.52 trillion, Bitcoin was down 1.35% over 24 hours, and the Fear & Greed index registered 29, or Fear.
How much is 1 TRON worth in rupee today?
About ₹31.43 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.3163. The rupee price moves with both TRX's US-dollar price and the USDT/INR rate; use our TRON in rupee page for any amount.
Has TRON's price moved since this brief was published?
TRX is down 0.07% since this brief first published — trading at ₹29.72 ($0.3163) now versus ₹29.74 ($0.3165) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.