HIVE Digital Technologies Ltd Stock Price, News & Analysis

HIVE Digital Technologies has achieved significant growth in its Bitcoin mining operations, reaching 10.4 EH/s peak hashrate in May 2025, a 58% increase from April's 6.6 EH/s. The company mined 139 BTC in May, averaging 4.5 BTC daily with a fleet efficiency of ~20 J/TH. This growth was driven by the energization of a 100 MW hydro-powered facility in Paraguay. HIVE operates across 9 time zones using 100% hydroelectric power for both Bitcoin mining and AI data centers. The company is on track to reach 11.5 EH/s by June-end and aims for 25 EH/s by Q4 2025, which could enable production of over 12 BTC daily at costs below $50,000 per Bitcoin. HIVE's rapid scaling capabilities allow new ASIC miner deployment within six hours, demonstrating operational efficiency in their dual-engine model combining Bitcoin mining with their Buzz HPC cloud division.

HIVE Digital Technologies has achieved a significant milestone by surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate, adding 1 EH/s weekly over the past month. The company is ahead of schedule to reach its Phase 1 target of 11.5 EH/s by June 2025, with plans to expand to 25 EH/s by Q4 2025. The company's fleet operates at an efficiency of 20 Joules per Terahash, currently producing over 5 Bitcoin daily. Additionally, HIVE's HPC subsidiary, Buzz HPC, has reached $20 million in annualized run-rate revenue from its GPU cloud business, one month ahead of schedule. Buzz HPC now operates over 5,000 GPUs for AI workloads, with management suggesting the GPU cloud business could be valued at 10-20x its annualized cash flows.

HIVE Digital Technologies has achieved a significant milestone by surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate, adding 1 EH/s weekly over the past month. The company is ahead of schedule to reach its Phase 1 target of 11.5 EH/s by June 2025, with plans to expand to 25 EH/s by Q4 2025. The company's global fleet maintains an efficiency of 20 Joules per Terahash.

Additionally, HIVE's HPC subsidiary, Buzz HPC, has reached $20 million in annualized run-rate revenue from its GPU cloud business, one month ahead of schedule. The subsidiary now operates over 5,000 GPUs for AI workloads. The company is currently producing over 5 Bitcoin per day, and management believes the GPU cloud business could be valued at 10-20x its annualized cash flows.

CEO.CA's 'Inside the Boardroom' featured an interview with Frank Holmes, Executive Chairman of HIVE Digital Technologies Ltd. (NASDAQ: HIVE). The interview highlights HIVE's remarkable 4x growth trajectory in 2025, primarily attributed to two key developments: their green energy expansion in Paraguay and the scaling of their AI-driven high-performance computing division, BUZZ HPC. The feature is part of CEO.CA's executive interview series, which provides insights into industry leaders' strategies and visions. CEO.CA, a subsidiary of EarthLabs Inc., serves as a prominent investor social network for venture stocks, attracting millions of visitors annually.

HIVE Digital Technologies has achieved a new milestone of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, representing over 1% of the global Bitcoin network. The company is currently mining over 4.5 Bitcoin daily and aims to reach 25 EH/s by the end of 2025.

HIVE's expansion plans include reaching 11.5 EH/s by June 2025 and launching a second 100 MW facility in Yguazú, Paraguay, targeting 18 EH/s by summer 2025. A third 100 MW campus in Valenzuela, Paraguay, is planned to achieve the 25 EH/s goal by Q4 2025. The company operates using 100% renewable energy, with its first 100 MW hydro-powered data center already operational in Yguazú, adding approximately 1 EH/s weekly.

HIVE Digital Technologies has achieved a record 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, surpassing 1% of the global Bitcoin network. The company is currently mining over 4.5 Bitcoin daily and aims to reach 25 EH/s by the end of 2025.

HIVE's expansion plan includes: reaching 11.5 EH/s by June 2025, launching a second 100 MW facility in Yguazú targeting 18 EH/s, and developing a third 100 MW campus in Valenzuela, Paraguay. The company is adding approximately 1 EH/s weekly, leveraging 100% renewable energy through hydro-powered data centers.

HIVE Digital Technologies has achieved a significant milestone by surpassing 8.3 EH/s of global Bitcoin mining hashrate, progressing toward its 25 EH/s target for Q4 2025. The growth is driven by their new 100 MW hydro-powered facility in Paraguay. HIVE is on track to reach 11.5 EH/s by June 2025 and 18 EH/s in Q3 2025, with fully funded ASIC orders. At 18 EH/s, HIVE projects mining approximately 10 Bitcoin per day, potentially generating nearly $1 million in daily revenue with Bitcoin over $100,000. The company strategically used its Bitcoin treasury to acquire mining equipment, pledging Bitcoin at $87,000 per BTC with a repurchase option. HIVE currently holds 610 BTC in treasury and expects to improve fleet efficiency to 19 J/TH by summer 2025, with production costs estimated to decrease by 10-20% by autumn 2025.

HIVE Digital Technologies has achieved a significant milestone by surpassing 8.3 EH/s of global Bitcoin mining hashrate, marking progress toward its 25 EH/s target for Q4 2025. The growth is driven by their new 100 MW hydro-powered facility in Yguazu, Paraguay. The company is on track to reach 11.5 EH/s by June 2025 and 18 EH/s in Q3 2025, with orders fully funded using their Bitcoin treasury. At 18 EH/s, HIVE projects mining approximately 10 Bitcoin per day, potentially generating nearly $1 million in daily revenue with Bitcoin over $100,000. The company strategically used its Bitcoin treasury to acquire ASICs at $87,000 per BTC, maintaining an option to repurchase. HIVE currently holds 610 BTC in treasury and expects a 10-20% decrease in Bitcoin production costs by autumn 2025 through improved fleet efficiency and lower energy costs.

HIVE Digital Technologies (NASDAQ: HIVE) has announced an amended equity distribution agreement for an ATM Program allowing the sale of up to US$119.2 million of common shares. This follows their previous October 2023 agreement, under which they raised US$180.7 million. The new shares will be sold through multiple agents including Keefe, Bruyette & Woods, Stifel Nicolaus, and others at prevailing market prices.

The ATM Program will be conducted on both the TSX Venture Exchange and Nasdaq Stock Market. HIVE plans to use the proceeds for general corporate purposes, working capital, debt repayment, and potential acquisitions. The company maintains flexibility with no obligation to sell shares and can terminate the agreement before reaching the maximum amount.