HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has commenced Bitcoin mining operations at its new 200-megawatt hydro-powered facility in Yguazú, Paraguay. In its March 2025 production update, HIVE reported mining 108 Bitcoin during the month, bringing its total holdings to 2,201 Bitcoin, valued at around $180 million based on current market prices.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has completed the acquisition of Bitfarms' Yguazú 200 MW hydro-powered facility in Paraguay, a move that will significantly increase its mining capacity from 6 EH/s to a projected 25 EH/s by September 2025. The expansion includes HIVE's 100 MW Valenzuela project, set to become operational by June 2025.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has appointed Gabriel Lamas as its Country President for Paraguay, the company announced on Monday, as it expands its high-performance computing and green energy-powered data center operations in the region. Lamas, an electrical engineer with more than two decades of experience in infrastructure and energy projects, previously held leadership roles at Bitfarms Ltd.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported mining 89 Bitcoin (BTC) in February, bringing its total BTC holdings to 2,620, valued at $220 million as of February 28. The company maintained an average mining capacity of 5.6 exahash per second (EH/s), reaching a peak BTC-only hashrate of 6.2 EH/s.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) director and president for Sweden Johanna Thörnblad talked with Proactive about the company's expansion into Paraguay, where it is growing its Bitcoin mining and data centre operations using renewable energy. She highlighted how HIVE has prioritized green energy in its global strategy, leveraging hydro and wind power across Sweden, Canada, and now Paraguay.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced the appointment of Craig Tavares as president and chief operating officer of Buzz HPC, a HIVE Digital Technologies company, to lead its GPU Cloud and High Performance Computing (HPC) business. The company highlighted that Tavares has more than 20 years of experience in digital infrastructure, with leadership roles across cloud, telecom, and data center operations.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE ) Q3 2025 Earnings Conference Call February 12, 2025 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 Darren Aftahi - ROTH Capital Nick Giles - B.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) posted strong financial and operational results for the fiscal third quarter, with revenue reaching $29.2 million. This included $26.7 million from digital currency mining and $2.5 million from high-performance computing (HPC) services, with a gross operating margin of $6.1 million or 21%.
HIVE Digital Technologies (HIVE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported mining 102 Bitcoin (BTC) in January, increasing its total Bitcoin holdings to 2,657 BTC, valued at $271 million as of month-end. The company maintained an average mining capacity of 5.7 Exahash per second (EH/s) and achieved a peak BTC-only hashrate of 6 EH/s.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has signed a binding letter of intent (LOI) to acquire Bitfarms Ltd's Yguazú 200-megawatt (MW) hydro-powered Bitcoin mining facility in Paraguay for $56 million. The acquisition is expected to increase HIVE's global Bitcoin mining capacity from 6 Exahash per second (EH/s) to 25 EH/s by September 2025, according to a statement from the company.
HIVE Digital Technologies Ltd has unveiled the appointment of US Army veteran John R Evans, Jr to its global strategy advisory committee. Having led operations during Desert Storm, Iraq and Afghanistan over a 36-year career, the retired lieutenant general had extensive experience in leadership, crisis management, cybersecurity, and global operations, HIVE said on Wednesday.