Bitcoin miner HIVE Digital Applied sciences missed the Aug. 10 deadline for its quarter-ended-June 30 Type 10-Q at the same time as preliminary income climbed to roughly $79 million.In an Aug. 11 late-filing discover, the agency mentioned the delay relates solely to the accounting and disclosures for contested Swedish value-added tax assessments, and that it expects to file throughout the Rule 12b-25 extension interval.HIVE mentioned current developments within the Swedish proceedings elevated the chance that it would record a noncash accrual. It wants extra time to resolve the accounting quantity and end the associated monetary statements and disclosures.Till that quantity…
Author: CryptoAINews
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Whereas Riot, Hut 8, and Core Scientific printed sturdy features, Bitdeer, Argo, and Canaan are down 20%, 24%, and 71% YTD. Bitcoin mining shares have been on a run in 2026, with Riot Platforms, Hut 8, Bitfarms, and Core Scientific posting a number of the group’s greatest year-to-date features, in line with a CryptoQuant chart analyst Maartunn shared on X overlaying buying and selling from January by July. The transfer has much less to do with mining Bitcoin itself and extra to do with miners repositioning as energy and information middle suppliers for AI firms, reflecting a change in…