HIVE Digital Technologies (HIVE) Beginning Cash Balance: 2020-2024
- Digital Technologies' Beginning Cash Balance rose 121.31% to $9.7 million in Q2 2024 from the same period last year, while for Jun 2024 it was $59.7 million, marking a year-over-year increase of 8.25%. This contributed to the annual value of $5.1 million for FY2021, which is 24.67% down from last year.
- Per Digital Technologies' latest filing, its Beginning Cash Balance stood at $9.7 million for Q2 2024, which was up 121.31% from $4.4 million recorded in Q2 2023.
- In the past 5 years, Digital Technologies' Beginning Cash Balance ranged from a high of $40.3 million in Q2 2021 and a low of $4.4 million during Q2 2023.
- Moreover, its 3-year median value for Beginning Cash Balance was $5.3 million (2022), whereas its average is $6.5 million.
- Per our database at Business Quant, Digital Technologies' Beginning Cash Balance spiked by 685.37% in 2021 and then plummeted by 86.80% in 2022.
- Quarterly analysis of 5 years shows Digital Technologies' Beginning Cash Balance stood at $5.1 million in 2020, then surged by 685.37% to $40.3 million in 2021, then slumped by 86.80% to $5.3 million in 2022, then declined by 17.78% to $4.4 million in 2023, then surged by 121.31% to $9.7 million in 2024.
- Its Beginning Cash Balance was $9.7 million in Q2 2024, compared to $4.4 million in Q2 2023 and $5.3 million in Q2 2022.