$Hive Blockchain (HIVE.US)$ NEWS HIVE Digital Announces Apri...
NEWS
HIVE Digital Announces April 2024 Bitcoin Production with 5 Exahash and HODL Grown to 2,377 Bitcoin
Positive
HIVE increased its Bitcoin holdings to 2,377 BTC, showcasing a 4% growth in April 2024.
The company achieved a 6% increase in mining capacity, ending the month with a 5.0 EH/s ASIC mining capacity.
HIVE's strategic focus on maximizing cash flow return on invested capital (CFROIC) per share demonstrates a commitment to shareholder value.
HIVE increased its Bitcoin holdings to 2,377 BTC, showcasing a 4% growth in April 2024.
The company achieved a 6% increase in mining capacity, ending the month with a 5.0 EH/s ASIC mining capacity.
HIVE's strategic focus on maximizing cash flow return on invested capital (CFROIC) per share demonstrates a commitment to shareholder value.
Negative
The company's breakeven price point after the Bitcoin halving is approximately $45,000, posing a potential financial risk if BTC prices fall.
While HIVE's HODL position has increased, there is a risk of market volatility affecting the value of the company's Bitcoin holdings.
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70190680 : Start the rise after halving