HIVE Digital Expands Bitcoin Treasury to 269 BTC as Rivals Cut Reserves

HIVE Digital Technologies increased its Bitcoin treasury by 79 BTC in the quarter ending September, bringing total direct holdings to 269 BTC valued at approximately $22.41 million. During the period, HIVE mined 1,070 BTC and sold roughly 991 BTC—about 93% of production—generating $70 million in proceeds, while maintaining repurchase options for 212 BTC. The move diverged from competitors Riot Platforms and CleanSpark, which reduced reserves to fund operations and infrastructure. Riot sold 10,599 BTC to leave its balance at 2,418 BTC, while CleanSpark's holdings dropped to 13,530 BTC.