HIVE Digital Technologies Ltd. builds and operates digital infrastructure for Bitcoin mining, high-performance computing, and GPU-accelerated AI workloads. Company updates center on BUZZ High Performance Computing, AI cloud deployments, Tier-I and Tier-III data center capacity, fibre and power infrastructure, and renewable-energy-backed operations in markets including Canada, Sweden, and Paraguay.
Recurring HIVE news also covers customer and technology collaborations, hashrate services, GPU procurement and deployment, exchange listings, at-the-market equity activity, and exchangeable note financing. Its disclosures connect capital actions with data center development, AI compute capacity, and the shift from ASIC-based mining capacity toward broader HPC and sovereign AI compute services.
HIVE Digital Technologies (NASDAQ: HIVE) reported significant growth in its Bitcoin mining operations, with 164 Bitcoin mined in June 2025, marking an 18% increase from May. The company launched Phase 2 of its Paraguay expansion, currently delivering 11.4 EH/s with plans to reach 25 EH/s by Thanksgiving and a 12 BTC per day production target by year-end.
The company's Paraguay facility's Phase 2 deployment has begun with 0.4 EH/s already operational, representing 5% of total potential capacity. Once fully energized, Phase 2 will generate approximately 6.5 EH/s using Bitmain S21+ Hydro miners. Additionally, HIVE's subsidiary BUZZ HPC acquired a 7.2 MW Tier 3 data center in Toronto for AI computing infrastructure.
HIVE strengthened its capital position by raising C$96.7 million through an ATM offering at an average price of C$2.54 per share.
HIVE Digital Technologies (NASDAQ: HIVE) reported its FY2025 financial results, achieving total revenue of $115.3 million and Adjusted EBITDA of $56.2 million. The company's digital currency mining revenue was $105.2 million, down 5.2% year-over-year, while HPC/AI Cloud Revenue grew significantly to $10.1 million, representing 3x growth.
HIVE mined 1,414 Bitcoin during the fiscal year and expanded its operational hashrate by 40% from 4.5 EH/s to 6.3 EH/s. The company reported a US GAAP net loss of $3.0 million. Notably, HIVE acquired 300 MW of hydro-powered sites in Paraguay and aims to reach 25 EH/s by December 31, 2025.
HIVE Digital Technologies (NASDAQ: HIVE) reported its FY2025 financial results, achieving total revenue of $115.3 million and Adjusted EBITDA of $56.2 million. The company mined 1,414 Bitcoin during the fiscal year and saw its AI GPU revenue grow 3x to $10.1 million.
Key highlights include a 40% increase in operational hashrate from 4.5 EH/s to 6.3 EH/s, despite post-halving challenges. Digital currency mining revenue was $105.2 million, down 5.2% year-over-year. The company expanded its operations in Paraguay with 300 MW of hydro-powered sites and aims to reach 25 EH/s by December 31, 2025.
HIVE ended the fiscal year with 2,201 Bitcoin in holdings, valued at $181.1 million. The company reported a US GAAP net loss of $3.0 million for the full year.
BUZZ HPC, a subsidiary of HIVE Digital Technologies (NASDAQ: HIVE), has launched a new NVIDIA Hopper GPU cluster in Quebec, marking its third supercomputing cluster across Canada and Sweden. As a NVIDIA Cloud Partner, BUZZ HPC operates one of Canada's few sovereign AI platforms at scale, with the new cluster already operating at near full capacity.
The company has been developing its HPC infrastructure since 2023, with facilities in Quebec and New Brunswick. BUZZ HPC supports various clients including startups, universities, and research teams, offering flexible GPU cluster access. The infrastructure is powered by 100% hydroelectric power and features NVIDIA Ampere, Hopper, and soon, Blackwell GPUs.
BUZZ HPC, a subsidiary of HIVE Digital Technologies (NASDAQ: HIVE), has launched a new NVIDIA Hopper GPU cluster in Quebec, marking its third supercomputing cluster across Canada and Sweden. As a NVIDIA Cloud Partner, BUZZ HPC has established itself as one of Canada's few sovereign AI platforms operating at scale.
The company operates HPC data centers in Quebec and New Brunswick, serving a global community including startups, universities, and research teams. The new cluster, featuring NVIDIA Hopper GPUs and Quantum-2 InfiniBand networking, is already operating at near full capacity. BUZZ HPC's infrastructure is powered by 100% hydroelectric power and offers both hourly and long-term fixed contracts for GPU cluster access.