HIVE Digital Technologies Ltd Stock Price, News & Analysis

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.

HIVE Digital Technologies has achieved significant growth in its Bitcoin mining operations, surpassing 7.3 EH/s of global hashrate, marking a 10% increase from last month's 6.6 EH/s. The company produced 102 Bitcoin in April 2025, averaging 3.4 BTC daily. HIVE completed its first 100 MW phase at the Yguazú site in Paraguay, utilizing BUZZ Miners and Bitmain S21+ air-cooled units. Phase 2 is underway with 13,400 Bitmain S21+ Hydro miners shipped, expected to add 4.3 EH/s. The company aims to reach 11.5 EH/s by June 2025 and 25 EH/s globally after the Valenzuela site expansion. HIVE raised C$96.9 million through an ATM offering, selling shares at an average price of C$3.84. With Bitcoin prices above $100,000, HIVE expects to nearly double its daily production to six Bitcoin by June.

HIVE Digital Technologies has achieved significant growth in its Bitcoin mining operations, surpassing 7.3 EH/s of global hashrate, marking a 10% increase from last month's 6.6 EH/s. The company produced 102 Bitcoin in April 2025, averaging 3.4 BTC daily. Following the acquisition of Bitfarms' Yguazú assets and completion of the first 100 MW phase in Paraguay, HIVE is adding approximately 1 EH/s of capacity monthly. The company is on track to reach 11.5 EH/s by June 2025 (Phase 1) and aims to achieve 18 EH/s by summer's end through Phase 2 expansion. Phase 2 will utilize Bitmain S21+ Hydro ASIC miners, with 13,400 hydro-cooled units already shipped. Additionally, HIVE raised C$96.9 million through an ATM offering and plans further expansion at its Valenzuela site, targeting to exceed 25 EH/s globally.

HIVE Digital Technologies has announced the completion of Phase 1 infrastructure at its Yguazú facility in Paraguay, featuring a 100 megawatt (MW) air-cooled data center supported by a 200 MW substation. The facility enables a capacity of 5 exahash per second (EH/s) of next-generation ASIC miners.

Currently operating with 200 petahashes using proprietary BUZZ Miners, HIVE expects to have 8,000 BUZZ Miners online by April's end. The company has begun receiving new-generation ASICs, including Bitmain S21+ units, with over 20,000 units expected by May's end. HIVE projects scaling to 5 EH/s in Paraguay and 11.5 EH/s total hashrate across all operations by Q2 2025.

The company aims to reach 25 EH/s by Fall 2025, potentially producing over 12 Bitcoins daily at current difficulty levels. HIVE has secured deposits for 4.3 EH/s of Bitmain S21+ miners through treasury management, with no debt. Additionally, HIVE announced the appointment of Carlos Anibal Torres as Paraguay Operations & Project Manager.

HIVE Digital Technologies (NASDAQ: HIVE) has announced the completion of Phase 1 infrastructure at its Yguazú facility in Paraguay, featuring a 100 megawatt (MW) air-cooled data center supported by a 200 MW substation. The facility enables 5 exahash per second (EH/s) capacity for next-generation ASIC miners.

Currently operating with 200 petahashes using proprietary BUZZ Miners, HIVE expects to have 8,000 BUZZ Miners online by April's end. The company has begun receiving new-generation ASICs, including Bitmain S21+ units, with over 20,000 units expected by May's end. HIVE projects scaling to 5 EH/s in Paraguay and 11.5 EH/s total hashrate across all operations by Q2 2025.

The company aims to reach 25 EH/s by Fall 2025, potentially producing over 12 Bitcoins daily at current difficulty levels. As of March 31, HIVE secured deposits for 4.3 EH/s of Bitmain S21+ miners through treasury management, with no debt.

HIVE Digital Technologies has announced its March 2025 production results and the start of operations at its new hydro-powered facility in Yguazú, Paraguay. The company mined 108 Bitcoin in March, maintaining a HODL balance of 2,201 BTC valued at approximately $180 million at $82,000 per BTC.

Key operational metrics include an average hashrate of 6.3 Exahash per second with a fleet efficiency of 20.7 joules per terahash. The company achieved a daily production rate of 3.5 BTC, or 17.6 BTC per Exahash.

Phase 1 of HIVE's 200 megawatt Yguazú site has been energized, initially producing at 100 Petahash. The company plans to scale operations significantly, with Phase 2's remaining 100 MW to follow. At their Valenzuela site, over 65% of infrastructure for hosting 20,000+ miners is complete.

HIVE aims to expand its global mining capacity from 6 EH/s to 25 EH/s by end-2025, supported by a fully funded equipment pipeline and disciplined capital strategy.

HIVE Digital Technologies has released its March 2025 production results and announced the start of operations at its new hydro-powered facility in Yguazú, Paraguay. The company mined 108 Bitcoin in March, maintaining a HODL balance of 2,201 BTC valued at approximately $180 million at $82,000 per BTC.

Key operational metrics include an average hashrate of 6.3 Exahash per second with a fleet efficiency of 20.7 joules per terahash. The company achieved a daily production rate of 3.5 BTC, or 17.6 BTC per Exahash.

Phase 1 of HIVE's 200 MW Yguazú site has been energized, initially producing at 100 Petahash. The company plans to scale its global mining capacity from 6 EH/s to 25 EH/s by the end of 2025. Additionally, progress continues at the Valenzuela site, with over 65% of infrastructure completed to host more than 20,000 miners.

HIVE Digital Technologies has completed the acquisition of Bitfarms' 200-megawatt Yguazú hydro-powered facility in Paraguay, marking a significant expansion that will increase mining capacity by 317% from 6 EH/s to 25 EH/s by September 2025.

The $56 million acquisition includes a 240 MVA substation and will be developed in two phases: Phase 1 (April 2025) adding 6 EH/s, and Phase 2 (August 2025) contributing 6.5 EH/s using hydro-cooled ASICs. Combined with its 100 MW Valenzuela project, HIVE's Paraguay operations will total 300 MW, with global operations reaching 430 MW across Paraguay, Canada, and Sweden.

Key financial terms include:

• $25 million paid at closing
• $31 million payable over six months
• Estimated completion costs of $400,000 per MW

The company targets a fleet-wide efficiency of 16.5 Joules per Terahash (J/TH) and aims to scale operations to 3% of the global network by September 2025, powered entirely by green energy.