HIVE Digital Technologies September Bitcoin Production at 267 BTC, Climbs 8% MoM and 138% YoY, Surpassing 21 EH/s and Now Producing 9 BTC Per Day
HIVE (TSXV:HIVE, NASDAQ:HIVE) reported September 2025 Bitcoin production of 267 BTC (up 8% MoM, 138% YoY) and averaged 9 BTC/day. The company reported average hashrate of 19.4 EH/s (peak 21.7 EH/s) and fleet efficiency of 18 J/TH. Global fleet totaled 21.8 EH/s powered by renewable hydroelectric energy. HIVE says its 100 MW Phase 3 Valenzuela site is nearing completion with civil works done, control center live, and ASIC energization underway; all Phase 3 ASIC purchases are stated as funded and shipped. Management reiterated a path to ~25 EH/s by U.S. Thanksgiving and noted continued expansion of its HPC/GPU AI cloud partnerships.
HIVE (TSXV:HIVE, NASDAQ:HIVE) ha riportato settembre 2025 produzione Bitcoin di 267 BTC (aumento dell'8% mese su mese, 138% anno su anno) e una media di 9 BTC/giorno. L'azienda ha riportato una hashrate media di 19,4 EH/s (picco 21,7 EH/s) e un’efficienza della flotta di 18 J/TH. La flotta globale totalizzava 21,8 EH/s alimentata da energia idroelettrica rinnovabile. HIVE dice che il sito di Valenzuela di 100 MW, Fase 3, è quasi completato con i lavori civili eseguiti, il centro di controllo attivo e l’energizzazione degli ASIC in corso; tutti gli acquisti di ASIC della Fase 3 risultano finanziati e spediti. Il management ha ribadito un percorso verso ~25 EH/s entro il Giorno del Ringraziamento negli Stati Uniti e ha notato una continua espansione delle sue partnership HPC/GPU AI cloud.
HIVE (TSXV:HIVE, NASDAQ:HIVE) informó la producción de Bitcoin de septiembre de 2025 de 267 BTC (un +8% m/m, +138% interanual) y un promedio de 9 BTC/día. La empresa reportó una tasa de hash media de 19,4 EH/s (pico de 21,7 EH/s) y una eficiencia de la flota de 18 J/TH. La flota global totalizó 21,8 EH/s impulsada por energía hidroeléctrica renovable. HIVE dice que el sitio de Valenzuela de 100 MW, Fase 3, está casi completado con trabajos civiles realizados, centro de control en vivo y energización de ASIC en curso; todas las compras de ASIC de la Fase 3 se indican como financiadas y enviadas. La dirección reiteró un camino hacia ~25 EH/s para el Día de Acción de Gracias de EE. UU. y señaló la continua expansión de sus asociaciones en la nube de HPC/GPU AI.
HIVE (TSXV:HIVE, NASDAQ:HIVE) 은 2025년 9월 비트코인 생산량이 267 BTC로 전월 대비 +8%, 전년 동기 대비 +138%를 기록했고, 하루 평균 9 BTC를 달성했습니다. 회사는 평균 해시레이트를 19.4 EH/s로 보고했으며 피크는 21.7 EH/s이고 플릿 효율은 18 J/TH입니다. 글로벌 플릿은 재생 가능한 수력 에너지로 작동하는 21.8 EH/s에 이르렀습니다. HIVE 는 100 MW 규모의 Phase 3 Valenzuela 사이트가 거의 완성되어 시민공사 완료, 운영 센터 가동, ASIC energization 진행 중이며 Phase 3 ASIC 구매는 모두 자금 조달 및 선적되었다고 밝힙니다. 경영진은 미국 추수감사절까지 약 25 EH/s로의 경로를 재확인했고 HPC/GPU AI 클라우드 파트너십의 지속적인 확장을 주목했습니다.
HIVE (TSXV:HIVE, NASDAQ:HIVE) a rapporté une production de Bitcoin de septembre 2025 de 267 BTC (en hausse de 8% mois sur mois, 138% sur l'année) et une moyenne de 9 BTC/jour. L'entreprise a annoncé un hashrate moyen de 19,4 EH/s (pic à 21,7 EH/s) et une efficacité de la flotte de 18 J/TH. La flotte mondiale totalisait 21,8 EH/s alimentée par une énergie hydraulique renouvelable. HIVE précise que le site Valenzuela de 100 MW, Phase 3, est sur le point d'être achevé avec les travaux civils réalisés, le centre de contrôle opérationnel et l energisation des ASIC en cours; tous les achats ASIC de la Phase 3 sont indiqués comme financés et expédiés. La direction a réitéré une trajectoire vers ≈25 EH/s d'ici Thanksgiving américain et a noté la poursuite de l'expansion de ses partenariats HPC/GPU AI cloud.
HIVE (TSXV:HIVE, NASDAQ:HIVE) meldete September 2025 Bitcoin-Produktion von 267 BTC (MoM +8%, YoY +138%) und einen Durchschnitt von 9 BTC/Tag. Das Unternehmen meldete eine durchschnittliche Hashrate von 19,4 EH/s (Spitze 21,7 EH/s) und eine Flotteneffizienz von 18 J/TH. Die globale Flotte belief sich auf 21,8 EH/s, angetrieben durch erneuerbare Wasserkraft. HIVE erklärt, dass der 100-MW-Standort Phase 3 Valenzuela kurz vor der Fertigstellung steht, mit erledigten Tiefbauarbeiten, Live-Steuerzentrum und laufender ASIC- Energisierung; alle Phase-3-ASIC-Käufe seien finanziert und versandt. Das Management bekräftigte den Weg zu ≈25 EH/s bis zum US-Erntedankfest und wies auf die fortgesetzte Expansion seiner HPC/GPU AI-Cloud-Partnerschaften hin.
HIVE (TSXV:HIVE, NASDAQ:HIVE) أبلغت عن إنتاجها من البيتكوين لشهر سبتمبر 2025 بمقدار 267 BTC (ارتفاع 8% شهرياً، 138% سنوياً) وبمتوسط 9 BTC/يوم. كما أفادت الشركة أن معدل التجزئة المتوسط بلغ 19.4 EH/s (الحد الأقصى 21.7 EH/s) وكفاءة الأسطول بلغت 18 J/TH. إجمالي الأسطول العالمي بلغ 21.8 EH/s مدعوماً بالطاقة الكهرومائية المتجددة. تقول HIVE إن موقع فالينزويلا 100 ميجاوات، المرحلة 3، يقترب من الانتهاء مع الأعمال المدنية المنجزة، ومركز التحكم يعمل، وتفعيل ASIC جارٍ؛ جميع مشتريات ASIC المرحلة 3 مذكورة كممولة وشُحِنت. وشددت الإدارة على مسار نحو ≈25 EH/s بحلول عيد الشكر الأمريكي ولاحظت استمرار توسيع شراكاتها في سحابة HPC/GPU AI.
HIVE (TSXV:HIVE, NASDAQ:HIVE) 报告称 2025年9月比特币产量为 267 BTC（环比 +8%，同比 +138%），日均 9 BTC。公司报告的平均哈希率为 19.4 EH/s（峰值 21.7 EH/s），舰队效率为 18 J/TH。全球舰队总计 21.8 EH/s，由可再生水电驱动。HIVE 表示其 100 兆瓦 Phase 3 Valenzuela 站点接近完工，土建工作完成、控制中心上线，ASIC 动员正在进行；Phase 3 的所有 ASIC 采购均已融资并已发货。管理层重申在美国感恩节前实现约 25 EH/s 的路径，并指出 HPC/GPU AI 云端合作伙伴关系的持续扩张。
- Bitcoin production 267 BTC in September (+138% YoY)
- Hashrate averaged 19.4 EH/s (21.8 EH/s fleet total)
- All Phase 3 ASICs funded and shipped
- Operations powered entirely by renewable hydroelectric energy
- Bitcoin network difficulty rose 16% MoM (130T to 151T)
Insights
HIVE reported stronger September production: 267 BTC, 19.4 EH/s average, and Phase 3 nearing completion.
What it means: The company produced 267 BTC in September, a rise of 8% MoM and 138% YoY, while average hashrate increased to 19.4 EH/s with a fleet total of 21.8 EH/s. These are direct operational outputs reported by the company and indicate higher mining throughput for the disclosed month.
Why it matters: Higher BTC production and rising hashrate translate into increased cash generation potential from mining when prices and network difficulty remain unchanged; the release also states Phase 3 Valenzuela is largely commissioned and that additional ASICs are funded and shipped, which supports near-term scaling of production capacity.
Monitorable item: The company targets scaling to 25 EH/s by U.S. Thanksgiving, which is a concrete milestone to verify delivery of the stated capacity expansion.
This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.
San Antonio, Texas--(Newsfile Corp. - October 6, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a diversified multinational digital infrastructure company, is pleased to report its September 2025 production figures and provide an update on the commissioning of its Phase 3 Valenzuela facility.
September 2025 Production Highlights
Bitcoin Produced: 267 BTC (up
8% month-over-month from 247 BTC in August 2025, and up138% year-over-year from 112 BTC in September 2024)Average Daily Production: 9 BTC/day
Hashrate: Averaged 19.4 exahash per second ("EH/s"), with a peak of 21.7 EH/s
Fleet Efficiency: 18 joules per Terahash ("J/TH")
BTC per EH/s: 13.8 BTC
Phase 3 Valenzuela Commissioning Ahead of Schedule
HIVE's 100 MW Phase 3 Valenzuela build is nearing completion. Civil works are concluded, hydro containers are installed, and the control center is live. The focus has now shifted to energizing ASICs, with new units being steadily integrated into production.
Hashrate Growth: HIVE's average hashrate rose
19% month-over-month, from 16.3 EH/s in August to 19.4 EH/s in September.Network Outperformance: This growth outpaced the
16% increase in Bitcoin network difficulty (from 130 trillion to 151 trillion ("T")). These figures are publicly verifiable through Bitcoin block explorers.Record Production: Despite consecutive all-time high Bitcoin network difficulty, HIVE mined 267 BTC in September - a year-to-date high - underscoring its operational strength.
Figure 1: Aerial view of HIVE's 100 MW Phase 3 build nearing completion.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5335/269179_d1bc245704279b64_001full.jpg
As of today, HIVE's global Bitcoin mining fleet totals 21.8 EH/s, powered entirely by renewable hydroelectric energy. With additional ASICs scheduled to come online in October, HIVE remains on track to scale to 25 EH/s by U.S. Thanksgiving, at an average efficiency of approximately 17.5 J/TH.
Management Commentary
Frank Holmes, Co-Founder and Executive Chairman, commented:
"HIVE's September milestones demonstrate the power of a focused, dual-engine strategy as our global Bitcoin mining fleet now produces over 9 BTC per day. Our executive team was in Paraguay last month and Gabriel Lamas, HIVE's Country President, is doing an outstanding job while Phase 3 Valenzuela continues to advance ahead of schedule. At the same time, BUZZ HPC, under Craig Tavares' leadership, is expanding our AI cloud capabilities and forming strategic partnerships with Bell Canada, Dell Canada, VAST Data and other leading AI companies in Canada to broaden access to enterprise-scale compute. HIVE is a unique Canadian data center company that only sources green hydroelectric energy to power its operations. With data centers spanning 9 time zones, across Canada, Sweden, and Paraguay, we've built a truly global footprint that reflects our commitment to sustainability, capital efficiency, and long-term value creation."
Aydin Kilic, President & CEO, added:
"With construction substantially complete at our Phase 3, 100 MW site in Valenzuela, approximately
Future Production and Economics
As previously disclosed, all ASIC purchases for Phase 3 are funded and have shipped. HIVE expects future growth to follow the economics of its Paraguay operations. Each additional exahash increases daily Bitcoin production and revenue potential, while operating costs remain stable with fixed-rate hydroelectric power and minimal labor increases. Power expenses scale with machine usage and align with current cost structures. Results may vary depending on network difficulty and Bitcoin prices.
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure data centers, powered exclusively by renewable hydroelectric energy. With a global footprint in Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.
For more information, visit hivedigitaltech.com, or connect with us on:
X: https://x.com/HIVEDigitalTech
YouTube: https://www.youtube.com/@HIVEDigitalTech
Instagram: https://www.instagram.com/hivedigitaltechnologies/
LinkedIn: https://linkedin.com/company/hiveblockchain
On Behalf of HIVE Digital Technologies Ltd.
"Frank Holmes"
Executive Chairman
For further information, please contact:
Nathan Fast, Director of Marketing and Branding
Frank Holmes, Executive Chairman
Aydin Kilic, President & CEO
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: the construction of the Company's site in Valenzuela, Paraguay and its potential specifications and performance upon completion, the timing of it becoming operational; hash rash growth projections; business goals and objectives of the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the prospectivity of the BUZZ HPC operations and the ability of the Company to successfully expand the infrastructure and operate in this sector, the receipt of government consents; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Factors that could cause actual results to differ materially from those described in such forward looking information include, but are not limited to: the inability to complete the construction of the Paraguay acquisition on an economic and timely basis and achieve the desired operational performance; the possibility of flaws in the implementation of the Paraguay build-out and energization; the ongoing support and cooperation of local authorities and the Government of Paraguay; the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; an inability to apply the Company's data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company's ability to utilize the Company's ATM Program and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company's profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of pandemics on the business of the Company, including but not limited to the effects of pandemics on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.
The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events will occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.
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FAQ
How much Bitcoin did HIVE (HIVE) produce in September 2025?
What was HIVE's average hashrate and fleet total in September 2025?
Is HIVE's Phase 3 Valenzuela site online and when will it reach 25 EH/s?
What efficiency and daily production did HIVE report for September 2025?
Are HIVE's Phase 3 ASIC purchases finalized for expansion?
How did Bitcoin network difficulty affect HIVE's September results?
