Hive Digital Technologies is disputing a Swedish tax ruling that reclassified its crypto mining subsidiaries as self-mining operations, denying them VAT recovery on costs retroactively since 2022. Hive argues it provides taxable computing power services to customers, similar to data center hosting, and that the VAT denial causes significant financial harm. After Swedish courts refused to escalate the case to the EU Court of Justice, Hive has taken the matter to the European Commission, which could set a precedent for VAT treatment of crypto mining across the EU. The outcome may impact how digital mining businesses are taxed regionally going forward.
Hive Digital Technologies is disputing Swedish VAT rules. For readers following crypto assets, here is Pluang's market snapshot as of Sep 25, 2026 13:01 WIB: 42 of 50 major cryptocurrencies rose today. Notable movers include SNX at Rp4.632 (+10.65%), LINK at Rp241.000 (+9.17%), and XLM at Rp3.928 (+8.36%).
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