Bitcoin miner HIVE’s $79M quarter runs into an $80M Swedish tax problem

Aug. 12, 2026 at 9:40 pm GMT • 2 min read 01 HIVE missed its Aug. 10 10-Q deadline after Swedish VAT accounting issues delayed quarter-end reporting. 02 Preliminary revenue is about $79 million, up roughly 73% year over year, but losses remain unquantified. 03 The company still cannot size any noncash VAT accrual, leaving investors waiting for the final earnings hit.Bitcoin miner HIVE Digital Technologies missed the Aug. 10 deadline for its quarter-ended-June 30 Form 10-Q even as preliminary revenue climbed to approximately $79 million.In an Aug. 11 late-filing notice, the firm said the delay relates exclusively to the accounting and disclosures for contested Swedish value-added tax assessments, and that it expects to file within the Rule 12b-25 extension period.HIVE said recent developments in the Swedish proceedings increased the probability that it would record a noncash accrual. It needs more time to decide the accounting amount and finish the related financial statements and disclosures.Until that amount is set, investors have a preliminary top-line figure but no quantified view of expected losses.Revenue for the quarter is preliminarily expected to rise about 73% from $45.6 m...