HIVE reports that its annual revenue rises to about $298 million while its Bitcoin holdings decline sharply. According to the company’s latest results, HIVE’s Bitcoin balance falls from 481 BTC to 150 BTC during the most recent quarter, with a further description that the reduction totals 331 BTC in the first quarter. The sources also report that Bitcoin mining revenue declines, with The Block citing a 23.9% drop in mining revenue. Cointelegraph attributes the overall revenue growth to expansion in HIVE’s Bitcoin mining and AI computing businesses, stating that annual revenue reaches $297.8 million. Across the accounts, the key financial headline is record-level annual revenue near $298 million, while the key balance-sheet change is a substantial reduction in the company’s direct Bitcoin holdings to 150 BTC. The reporting does not indicate that the revenue increase is driven solely by Bitcoin prices; rather, it points to changes in mining output and growth in additional computing services. The figures are presented as company-reported results for the period covered by the most recent quarter and Q1.