HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is a top cryptocurrency stock for long-term investment, with H.C. Wainwright raising its price target to $10 from $8 after strong Q2 FY2026 results.

HIVE Digital Technologies reported record revenue of $87.3 million in Q2 FY2025, a 285% increase YoY, driven by a 101.2% increase in digital currency mining revenue and 86.2% increase in average hashrate.

CEO Aydin Kilic stated that HIVE achieved 25 EH/s of operating hashrate, approaching $400 million in Bitcoin mining revenue and accelerating AI data center initiatives.

Hive Digital’s Buzz HPC division generated a record revenue of $5.2 million, with plans for $140 million in annualized HPC revenue by the end of next year.

HIVE Digital Technologies focuses on green Bitcoin mining and high-performance computing (HPC) and AI cloud services, operating data centers powered by clean energy sources for mining and providing GPU-based cloud services.

Read more at Yahoo Finance: HIVE Digital Technologies Ltd. (HIVE) Delivers Record Digital Currency Mining Revenue