HIVE Blockchain Technologies reported QQ4 2024 results with USD-denominated revenue of $33.892 million and a gross loss of $3.998 million, resulting in an operating loss of $6.168 million but an EBITDA of $15.035 million driven by other income. Net income stood at a loss of $3.454 million for the quarter, with basic and diluted earnings per share of -0.039 and -0.0339 respectively. The company generated negative cash from operating activities (-$22.8 million) and invested heavily in capital expenditure (-$15.01 million), while financing activities contributed a net inflow of $25.21 million primarily due to common stock issuances. End-of-quarter liquidity remained modest at $9.67 million in cash, but the balance sheet shows substantial liquidity through $178.1 million in cash and short-term investments and a large crypto/commodity inventory balance of $161.6 million, which underscores HIVE’s asset-light, crypto-currency holdings-driven model. Net debt stood at approximately $(20.9) million, reflecting the mix of cash, crypto assets, and modest leverage. The QQ4 quarter underscores the sensitivity of performance to crypto price cycles, energy costs, and capital-raising ability, even as the company maintains EBITDA profitability largely via non-operating items. Management commentary (where available) would be expected to emphasize liquidity management, inventory monetization strategies, and any guidance on capacity deployment or energy optimization going forward.