HIVE Digital Technologies (NASDAQ:HIVE) vs. BitFuFu (NASDAQ:FUFU) Financial Review

HIVE Digital Technologies (NASDAQ:HIVE) and BitFuFu (NASDAQ:FUFU) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.

Profitability

This table compares HIVE Digital Technologies and BitFuFu’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
HIVE Digital Technologies	-57.15%	-34.90%	-26.36%
BitFuFu	N/A	N/A	N/A

Institutional and Insider Ownership

24.4% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 37.3% of BitFuFu shares are held by institutional investors. 35.0% of BitFuFu shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

HIVE Digital Technologies has a beta of 3.48, indicating that its stock price is 248% more volatile than the S&P 500. Comparatively, BitFuFu has a beta of 0.02, indicating that its stock price is 98% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for HIVE Digital Technologies and BitFuFu, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
HIVE Digital Technologies	0	1	2	0	2.67
BitFuFu	0	0	0	0	N/A

HIVE Digital Technologies currently has a consensus target price of $5.17, suggesting a potential upside of 56.57%. Given HIVE Digital Technologies’ higher probable upside, analysts clearly believe HIVE Digital Technologies is more favorable than BitFuFu.

Valuation and Earnings

This table compares HIVE Digital Technologies and BitFuFu’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
HIVE Digital Technologies	$121.00 million	3.03	-$236.42 million	($0.64)	-5.16
BitFuFu	$284.11 million	0.05	$10.49 million	N/A	N/A

BitFuFu has higher revenue and earnings than HIVE Digital Technologies.

Summary

BitFuFu beats HIVE Digital Technologies on 7 of the 11 factors compared between the two stocks.

About HIVE Digital Technologies

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

About BitFuFu

BitFuFu Inc. provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.