HIVE Digital Technologies Ltd reported a 158% revenue increase to $297.8 million for fiscal 2026, driven by a 164% rise in digital currency revenue and growth in its high-performance computing business. The company expanded Bitcoin production and its installed hashrate, improving gross operating margin to 36% and generating $107.9 million. HIVE is focusing on AI infrastructure, including a 320 MW AI Gigafactory in Toronto expected to generate $360 million in annual recurring revenue by 2027. The company aims for $660 million ARR by 2028, doubling its GPU fleet and expanding its AI cloud services.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
