Hive Digital is intensifying its BTC treasury strategy, with CFO Darcy Daubaras emphasizing the need for holding mined Bitcoin to benefit from price growth. This long-term approach aims to reduce reliance on debt or equity dilution.
The decline in Bitcoin’s price, dropping by 30% to approximately 84,502 USD, has prompted Hive to explore expansion and acquisitions, focusing on growth without over-leveraging.
Hive’s hodl position has reached 2,805 BTC by the end of 2024, with plans to diversify into AI and renewable energy to combat rising costs and strengthen its financial resilience.