HIVE Digital Technologies Ltd Stock Price, News & Analysis

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.

HIVE Digital Technologies has completed the acquisition of Bitfarms' 200-megawatt Yguazú hydro-powered facility in Paraguay for $56 million. This strategic expansion will increase HIVE's mining capacity by 317% from 6 EH/s to 25 EH/s by September 2025.

The development includes two phases:

• Phase 1 (April 2025): Adding 6 EH/s with 80% construction completed
• Phase 2 (August 2025): Contributing 6.5 EH/s using hydro-cooled ASICs

The acquisition includes a 240 MVA substation, land, and facilities. Payment terms comprise $25 million at closing and $31 million in installments over six months. HIVE estimates completion costs at $400,000 per MW. The company's global operational footprint will expand to 430 MW by Q3 2025 across Paraguay, Canada, and Sweden, targeting a fleet-wide efficiency of 16.5 J/TH.

HIVE Digital Technologies (NASDAQ: HIVE) has appointed Gabriel Lamas as Country President of Paraguay, marking a significant expansion of its sustainable blockchain infrastructure operations. Lamas, an electrical engineer with over 20 years of expertise, brings extensive experience in infrastructure, operations, and large-scale energy projects.

Previously serving as LATAM Director of Infrastructure and Operations at Bitfarms , Lamas has demonstrated leadership in critical technical initiatives and played a key role in the ITAIPU Retrofit Tender. At Paraguay's National Utility ANDE, he managed dam reservoir operations and national energy demand forecasting.

As HIVE becomes the largest private electricity consumer from ANDE, Lamas will focus on generating U.S. dollar-denominated revenue for the government while expanding HIVE's operations. The appointment follows HIVE's acquisition of Bitfarms' Paraguay assets and aligns with the company's commitment to sustainable growth and technological excellence in digital infrastructure.

HIVE Digital Technologies (NASDAQ: HIVE) has appointed Gabriel Lamas as Country President of Paraguay to lead operations and expansion in the region. Lamas, an electrical engineer with over 20 years of expertise in infrastructure and energy projects, joins HIVE from his previous role at Bitfarms , where he served as LATAM Director of Infrastructure and Operations.

His experience includes managing dam reservoir operations and national energy demand forecasting at Paraguay's National Utility, ANDE. As HIVE becomes the largest private electricity consumer from ANDE, Lamas will be instrumental in generating U.S. dollar-denominated revenue for the government while expanding the company's sustainable blockchain infrastructure and high-performance computing operations.

The appointment follows HIVE's acquisition of Bitfarms' Paraguay assets, where Lamas' technical expertise in power infrastructure and data centers will be important for the company's growth strategy in sustainable digital infrastructure operations throughout 2025 and beyond.