HIVE adds 79 BTC to its treasury as Riot and CleanSpark cut reserves

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HIVE adds 79 BTC to its treasury as Riot and CleanSpark cut reserves

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HIVE Digital Technologies grew its Bitcoin treasury by 79 BTC in the September quarter, to 269 BTC, while Riot Platforms and CleanSpark cut their reserves. Riot sold Bitcoin to fund data center development, and CleanSpark sold or delivered more than it mined.

HIVE Digital Technologies added 79 Bitcoin to its treasury during the September quarter, lifting its holdings to 269 BTC. Riot Platforms and CleanSpark moved the other way and reduced their reserves.

HIVE mines 1,070 BTC and sells 991 BTC

HIVE's filing recorded 269 BTC as of Sept. 30, compared with 190 BTC in its June filing. Comparing the two filings, HIVE mined 1,070 BTC and sold 991 BTC from July through September.

That works out to a sales-to-production ratio of approximately 92.6%, with net additions representing 7.4% of the coins produced. The September filing also reported $70 million in proceeds from digital currency sales for the quarter.

Riot sells Bitcoin to fund data centers

Riot's quarterly filing disclosed sales of 20,264 BTC in the first nine months of 2026, generating nearly $1.5 billion. Subtracting the 9,665 BTC sold in its first-half filing gives Q3 sales of 10,599 BTC.

Management said the sales primarily funded data center development and full repayment of a $200 million credit facility, leaving 2,418 BTC at September-end. Riot expects to keep selling substantially all the Bitcoin it mines.

CleanSpark sells more than it produces

CleanSpark produced 1,708 BTC across July, August and September, while 2,102 BTC left its treasury through sales and deliveries. Holdings fell by 394 BTC to 13,530 BTC, including 3,475 BTC posted as collateral or recorded as receivables tied to derivatives.

In September, 700 BTC were delivered through call option exercises and just 2 BTC were sold on spot markets.

HIVE expands AI computing alongside mining

HIVE reported mining revenue of $76 million, down 7.4% year over year, while HPC revenue rose 70.7% to $8.8 million. Total revenue was $84.9 million, with a $78.7 million net loss.

CEO Aydin Kilic said $129 million in financing covered GPU purchases for the company's Bell and Cohere agreement. He said the 2,304-GPU cluster was expected to ship before year-end.

Source: crypto.news

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