HIVE Digital expands Bitcoin mining capacity with purchase of 5,000 Canaan Avalon miners
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has announced the purchase of 5,000 Avalon A15-194T ASIC miners from Canaan, enhancing its mining efficiency and operational capacity. This follows an earlier acquisition of 6,500 Avalon miners, bringing November's total orders to 11,500 units.
HIVE Digital Technologies Ltd. (HIVE) Q2 2025 Earnings Call Transcript
HIVE Digital Technologies Ltd. (NASDAQ:HIVE ) Q2 2025 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Nathan Fast - Director of Marketing and Branding Frank Holmes - Executive Chairman Aydin Kilic - President and CEO Darcy Daubaras - CFO Conference Call Participants Bill Papanastasiou - Stifel Nick Giles - B.
HIVE Digital Technologies reports robust quarter, expands Bitcoin holdings and mining capacity
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported strong results for the fiscal second quarter of 2025, mining 340 Bitcoin during the period to bring its Bitcoin holdings (HODL) to 2,604. The company exited the quarter with total digital currency assets valued at $165.2 million, using the Bitcoin price of $63,300 at the quarter end.
HIVE Digital Technologies (HIVE) Reports Q2 Loss, Misses Revenue Estimates
HIVE Digital Technologies (HIVE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.29 per share a year ago.
Bitcoin hits new all-time high as crypto market surge continues following Trump win
Crypto stocks continued to surge on Monday following Donald Trump's US election victory last week, with Bitcoin hitting a new record high above $84,700 late morning on Monday. Trump's win is seen as a bullish sign for digital currencies, with hopes his administration will rapidly develop crypto regulation and potentially a strategic Bitcoin stockpile.
HIVE Digital Technologies orders 6,500 bitcoin miners from Canaan
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) Ltd has ordered 6,500 Canaan Avalon A1566 ASIC bitcoin miners from Canaan Inc. The first delivery of 500 units is expected this week, with further installments scheduled through March 2025.
HIVE Digital Technologies posts steady Bitcoin production, advances growth plans
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) saw its Bitcoin production improve month-over-month in October. The company produced 117 Bitcoin (BTC), an increase of 1% month-over-month.
HIVE Digital Technologies (HIVE) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
HIVE Digital Technologies (HIVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Navigating Short-Term Swings: Why HIVE Digital Is An Attractive Long-Term Play
HIVE Digital's stock shows potential for a comeback due to Bitcoin's strong performance and evolving global regulations, despite recent volatility and regulatory challenges. HIVE's green mining initiatives, leveraging hydroelectric power, significantly lower costs and environmental impact, positioning it as a sustainable Bitcoin miner. HIVE's diversification into High-Performance Computing offers growth potential, offsetting Bitcoin mining volatility and enhancing long-term business resilience.
HIVE Digital Technologies grows Bitcoin holdings by 50% in 12 months
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported impressive performance for September 2024, increasing its Bitcoin holdings month-over-month. The company mined 112 Bitcoin during the month, which contributed to a 1.4% increase in its Bitcoin reserves, bringing the total to 2,604 Bitcoin.
HIVE Digital Technologies raises $4.46M through ATM offering
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) said it has raised C$6.09 million ($4.46 million) through its At-The-Market (ATM) equity offering conducted between July 1 and July 19, 2024. The blockchain infrastructure company issued 1.37 million shares at an average price of C$4.45 per share under the August 2023 ATM Equity Program.
HIVE Digital Technologies increases Bitcoin reserves, enhances mining efficiency in August
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it mined 112 Bitcoin during August, boosting its total digital asset holdings by 1% to 2,533 Bitcoin. It averaged 22.4 Bitcoin per Exahash, ending the month with a 5.3 EH/s capacity and a consistent average hashrate of 5 EH/s.
