HIVE Digital Technologies Ltd. (HIVE)
HIVE Digital Technologies targets spot among top five Bitcoin miners - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's rapid progress in Bitcoin mining expansion. Holmes shared that HIVE is significantly ahead of schedule, with expectations to reach 18 exahash by the end of August and 25 by US Thanksgiving.
HIVE Digital Technologies continues to expand global Bitcoin mining capacity
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay. This milestone brings the company's current Bitcoin annual run rate for revenue to $315 million, with mining margins of approximately 55% after electricity costs, based on the current hashprice as tracked by the Bitcoin Hashprice Index.
HIVE Digital crosses 13 EH/s in global Bitcoin mining capacity, eyes 25 EH/s by year-end
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) said it has surpassed 13 exahash per second (EH/s) in global Bitcoin mining capacity as it scales up operations at its hydro-cooled mining facility in Yguazú, Paraguay. The milestone comes as over 2 EH/s of Bitmain's next-generation S21+ Hydro ASIC miners went online in Phase 2 of the project.
HIVE Digital Technologies surpasses 12EH/s and $250M annual run rate as Paraguay expansion continues
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 12 Exahash per second (EH/s) of global Bitcoin mining hashrate, doubling from 6 EH/s at the start of the year, and has reached a $250 million annualized run rate revenue. The milestone follows rapid progress at the company's Yguazú, Paraguay development, where HIVE is constructing three hydro-powered data center campuses.
HIVE Digital Technologies boosts Bitcoin output in June
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced an 18% month-over-month increase in Bitcoin production in June, mining 164 Bitcoin compared to 139 in May. The increased output was driven by progress at HIVE's 100 megawatt (MW) Phase 1 facility in Paraguay, the company said on Tuesday.
HIVE Digital Technologies eyes $100M in AI revenue as it expands in Paraguay - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's strategic growth through its expansion into Paraguay and the scaling of its high-performance computing (HPC) capabilities. Holmes outlined how HIVE increased its electricity capacity from 100MW to over 300MW in Paraguay by acquiring Bitfarms' operation.
HIVE Digital: Underwhelming Q4, Continue To Avoid
HIVE's Q4 results reinforce my view that Bitcoin mining is structurally unprofitable, with declining revenues despite higher Bitcoin prices and hashrate. The company's relentless capacity expansion is necessary to keep pace with industry difficulty, but it results in a never-ending cycle of capital investment and little financial return. HIVE's HPC/AI business remains insignificant compared to industry leaders, offering no meaningful diversification or growth opportunity.
HIVE Digital Technologies Ltd. (HIVE) Q4 2025 Earnings Call Transcript
HIVE Digital Technologies Ltd. (NASDAQ:HIVE ) Q4 2025 Results Conference Call June 26, 2025 8:00 AM ET Company Participants Aydin Kilic - President & CEO Darcy Daubaras - Chief Financial Officer Frank Edward Holmes - Executive Chairman Nathan Fast - Corporate Participant Conference Call Participants Bill Papanastasiou - Keefe, Bruyette, & Woods, Inc., Research Division Chris Brendler - Unidentified Company Michael Anthony Colonnese - H.C.
HIVE Digital Technologies grows Bitcoin production, HPC business during 2025
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) finished its fiscal year strong, reporting $115.3 million in revenue and $56.2 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), while expanding its presence in Bitcoin mining and AI-driven high-performance computing (HPC) hosting services. The company mined 1,414 Bitcoin during the year and more than tripled its AI GPU cloud revenue, it said in a statement on Thursday.
HIVE Digital Technologies subsidiary BUZZ HPC launches Nvidia Hopper GPU cluster in Quebec
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that its wholly owned subsidiary BUZZ High Performance Computing (BUZZ HPC) has launched a new NVIDIA Hopper GPU cluster in Quebec. This marks one of three supercomputing clusters currently operated by the company across Canada and Sweden.
HIVE Digital Technologies to acquire Toronto data center
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has signed a deal to acquire a data center facility in Toronto with approximately 7.2 megawatts of installed capacity. The company said the purchase, made through its wholly owned subsidiary BUZZ High Performance Computing Inc., will support large-scale AI training, inference, and cloud services aimed at Canadian enterprises, government programs, and researchers.
HIVE Digital Technologies surpasses 11 EH/s Bitcoin hashrate as it completes Paraguay expansion ahead of schedule
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has exceeded 11 Exahash per second (EH/s) of global Bitcoin mining hashrate, reaching an operational level of 11.4 EH/s. This milestone follows the early completion of Phase 1 of the company's Yguazú project in Paraguay, which added 100 megawatts (MW) of power capacity.
