HIVE Digital Technologies Ltd Stock Price, News & Analysis

HIVE (NASDAQ: HIVE) reported November 2025 Bitcoin production of 290 BTC (up 182% YoY) and averaged 23.5 EH/s hash rate, peaking at 25.4 EH/s. The company commissioned the final ASICs at its Valenzuela Phase 3 campus two weeks early, bringing 300 MW Paraguay capacity online and raising installed global mining capacity to 25 EH/s with fleet efficiency of 17.5 J/TH. HIVE says its network share exceeds 2%. The company plans an additional 100 MW hydroelectric data center at Yguazú with full commissioning targeted for Q3 2026. BUZZ HPC ranked #1 worldwide for network download speed and HIVE is upgrading Tier III+ AI/HPC capacity with phased GPU deployments into Q1 2026.

HIVE (NASDAQ: HIVE) reported November 2025 production of 290 BTC (up 182% YoY) with average daily production of 9.7 BTC/day and average hashrate of 23.5 EH/s, peaking at 25.4 EH/s. Fleet efficiency averaged 17.5 J/TH and network share exceeded 2%. The company completed full deployment of 300 MW Paraguay capacity, reaching an installed global mining footprint of 25 EH/s and a planned total renewable footprint of 540 MW across three continents. HIVE also accelerated Tier III+ AI/HPC upgrades via BUZZ HPC, targeting additional 100 MW commissioning in Q3 2026.

HIVE (NASDAQ: HIVE; TSXV: HIVE) announced an at-the-market equity program (ATM) under an equity distribution agreement dated November 25, 2025 with multiple agents to sell up to US$300 million of common shares. Sales will occur at prevailing market prices, from time to time, on the TSX Venture Exchange and Nasdaq, pursuant to a Canadian prospectus supplement dated November 25, 2025 and a U.S. prospectus supplement to an F-3 registration statement filed November 20, 2025.

Participation is optional and the company is not obligated to sell shares; the ATM will terminate when aggregate gross proceeds reach US$300 million or earlier if terminated by parties. Offering documents are available on SEDAR+ and EDGAR for investor review.

HIVE (TSXV: HIVE / NASDAQ: HIVE) reported record Q2 FY2026 revenue of $87.3 million on November 17, 2025, up 285% YoY and 91% QoQ. Adjusted EBITDA was $31.5 million and GAAP net loss was $15.8 million due largely to $38.3 million of accelerated ASIC depreciation. Operational hashrate reached 16.2 EH/s at quarter end and 25 EH/s operational in November 2025; Bitcoin mined totaled 717 BTC in Q2. BUZZ HPC revenue was a record $5.2 million (+175% YoY). Cash and digital currencies totaled $47.0 million. Paraguay capacity reached 300 MW with a path to 400 MW.

Outlook: optionality to 35 EH/s by Q4 2026 and BUZZ HPC annualized run-rate target of ~$140 million by Q4 2026.

HIVE (TSXV: HIVE, NASDAQ: HIVE) subsidiary BUZZ announced an agreement with Dell Technologies to deploy a 63-node liquid-cooled Dell PowerEdge XE9680L cluster (504 latest-generation GPUs) into the Bell AI Fabric data center and executed operating agreements to commence phase one.

BUZZ is procuring long-lead components for go-live in H2 2026 and plans Canadian and Swedish sites, each supporting 2,000 GPUs. BUZZ targets a fleet of over 6,000 latest-generation GPUs for its AI cloud by end-2026, projected to add $120 million ARR at an 80% operating margin (after electrical and data center costs), on top of the company’s current $20 million ARR. Combined with >5,000 GPUs already operating, BUZZ targets >11,000 GPUs by end-2026. HIVE also highlights a 70 MW Grand Falls site that can support >25,000 GPUs based on reference architecture.

HIVE (TSXV: HIVE; NASDAQ: HIVE) reported October 2025 production of 289 BTC, a month-over-month increase of 8% and a year-over-year increase of 147%. The company's operational hashrate averaged 21.9 EH/s, peaked at 23.6 EH/s, and HIVE says it has surpassed 24 EH/s of operational capacity supported by 300 MW in Paraguay.

HIVE completed its 100 MW Phase 3 Valenzuela expansion in Paraguay two weeks early, bringing installed capacity to 25 EH/s. Fleet efficiency averaged 17.7 J/TH. The company is reinvesting mining cash flow to convert Canadian campuses to Tier III+ AI/HPC facilities, including a 70 MW Grand Falls campus (20 MW Phase 1 liquid-cooled) and a 7.2 MW Toronto site. Q2 2026 results will be released on Nov 14, 2025 with a webcast on Nov 17, 2025.

HIVE Digital Technologies (NASDAQ: HIVE; TSXV: HIVE) will release fiscal second-quarter 2026 financial results for the six months ended September 30, 2025 on Friday, November 14, 2025. The company will host an earnings conference call and webcast on Monday, November 17, 2025 at 8:00 AM EST to discuss the results.

Investors can register for the webcast and will receive dial-in details after registration. The earnings release and a replay of the call will be available on HIVE's investor relations website.

HIVE Digital Technologies (NASDAQ: HIVE; TSXV: HIVE) will release financial results for the six months ended September 30, 2025 on Friday, November 14, 2025.

The company will host an earnings conference call and webcast on Monday, November 17, 2025 at 8:00 AM EST. Participants should register in advance; dial-in details are provided after registration. A replay and the earnings release will be available on HIVE's investor relations site at https://hivedigitaltechnologies.com/investors/.

HIVE (NASDAQ: HIVE) reached 23 EH/s global Bitcoin-mining capacity with 283% YTD growth and an average efficiency of 17.7 J/TH. The company purchased 32.5 acres in Grand Falls, New Brunswick for CAD $2.3M to expand a site with an on-site 80 MW substation and 70 MW currently powering mining, targeting conversion to a Tier III+ HPC campus able to scale to >25,000 GPUs.

HIVE reported an October 2024 ATM raise of C$100.2M ($73.1M) from 30,174,046 shares (avg C$3.32) and granted 2,720,900 RSUs to align employees with long-term goals.