HIVE Digital Technologies Ltd (NASDAQ:HIVE) is putting its money, or rather, its Bitcoin (CRYPTO: BTC), where its mouth is.
While most Bitcoin miners scramble for capital or take on high-interest debt, HIVE is doing something different: using the BTC on its balance sheet to fund growth. But as CFO Darcy Daubaras admits in an exclusive email interview with Benzinga, this strategy is a double-edged sword.
Bitcoin As Balance Sheet Fuel — With Volatility Risk Baked In
“Utilizing Bitcoin from our treasury to fund growth provides us with flexibility without incurring debt,” Daubaras says. “However, it demands disciplined timing and robust treasury management.”
Translation? …