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.
HIVE Digital: Outstanding Risk/Reward For The Bulls
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) chair Frank Holmes told investors that the company enters 2025 with an exceptionally strong balance sheet, including treasury holdings of some $261.9 million worth of Bitcoin. The crypto miner and blockchain technology firm on Wednesday reported its production results for December which yielded 103 Bitcoin during the month.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes joined Proactive to discuss the Bitcoin miner's recent efficiency achievement of 6 exahash per second. Looking ahead to 2025, Hive aims to reach 15 exahash per second with in six months, targeting 2% of the global Bitcoin network hash rate.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has reached an operational hashrate of 6 Exahashes per second (EH/s), a 47% jump from the end of 2023. The company attributed the achievement to the upgrade of its Bitcoin mining fleet with state-of-the-art Avalon machines from Canaan.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) is relocating its headquarters from Vancouver to San Antonio, Texas. In a statement, the blockchain technology company said the move is part of its plan to expand its presence in the US market and align with the country's blockchain and cryptocurrency ecosystem.