HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) announced its results for the third quarter ended December 31, 2020 in an earnings webcast on March 2, 2021.
Presenters included:
- Frank Holmes, Interim CEO & Executive Chairman
- Darcy Daubaras, Chief Financial Officer
- Tobias Ebel, Director
Earnings highlights:
- Income from digital currency mining of $13.7 million, an increase of 174% year-over-year
- Record cash flow of $13.7 million, up significantly from $5.7 million a year earlier, and $3.1 million higher than the previous quarter
- Net income of $17.2 million for the period, or $ per share, compared to $3.4 million, or $ per share, last year
Read the full press release: