HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record
HIVE Digital Technologies booked an $84.7 million non-cash Swedish tax provision tied to contested VAT publicity after opposed courtroom rulings led it to vary its accounting evaluation. Despite receiving 1,004 BTC in the course of the quarter, the provision helped drive a $142.9 million GAAP internet loss. The current-liability label doesn’t set up that an…
