HIVE's Bitcoin Holdings Plummet Significantly

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 03 2026

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Bitcoin Holdings Decline: HIVE's Bitcoin holdings fell by 331 BTC in Q1, leaving only 150 BTC, indicating a nearly 70% reduction in its treasury within a single quarter, which marks a significant shift in its digital asset strategy.
Strong Financial Performance: Despite the substantial decrease in Bitcoin holdings, HIVE reported record annual revenue of $297.8 million for fiscal year 2026, reflecting a 158% year-over-year increase, suggesting that the BTC drawdown was not due to financial distress but possibly a strategic pivot.
Market Reaction and Strategic Shift: HIVE's reduction in Bitcoin holdings stands out against other crypto firms like Capital B, which are seeking to increase digital asset exposure, potentially indicating HIVE's strategic shift towards its high-performance computing business, BUZZ HPC, to diversify revenue streams.
Future Outlook and Regulatory Impact: The current 150 BTC balance will serve as a baseline for assessing HIVE's future Bitcoin exposure, especially as digital asset regulatory frameworks evolve, prompting investors to closely monitor whether the company will rebuild its Bitcoin treasury.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	54276.52	57515.76	60813.67	64052.91	67350.82	70590.06	73887.97
Fibonacci	57515.76	60012.951	61555.719	64052.91	66550.101	68092.869	70590.06

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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