Company Milestones - HIVE Digital Technologies has achieved a significant milestone by reaching 10 Exahash (EH/s) in Bitcoin mining capacity, with plans to increase this to 18 EH/s by August or September [1][5] - The rapid growth was facilitated by the acquisition of partially completed Bitfarms facilities in Paraguay, which allowed for accelerated progress beyond initial expectations [1][5] Financial Performance - The high-performance computing subsidiary, Hive HPC, has reached a $20 million annual run rate, with expectations to grow to $50 million by year-end [2][6] - Craig Tavares, the new president of Hive HPC, has been credited with driving this growth while maintaining operational focus on Paraguay [2][6] Industry Context - The achievement of 10 Exahash is compared to milestones in the gold mining sector, indicating that surpassing this threshold enhances the company's attractiveness to institutional investors [4] - The company is leveraging cheaper energy costs in Paraguay to improve profitability, as surplus miners that were unprofitable in Canada are now being utilized effectively [5] Infrastructure and Future Growth - Both Bitcoin mining and high-performance computing operations require significant infrastructure, with the latter being more costly [8] - The growth of AI and the need for sovereign data centers are highlighted as key trends that will influence the future of data management and computing [10]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

RETRANSMISSION: HIVE Digital Technologies Achieves 58% Peak Hashrate Growth in One Month, Surpasses 10 EH/s in May 2025, and Remains on Track to Reach 25 EH/s by Year-EndJune 06, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.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. - June ...

HIVE Digital Technologies Achieves 58% Peak Hashrate Growth in One Month, Surpasses 10 EH/s in May 2025, and Remains on Track to Reach 25 EH/s by Year-EndJune 06, 2025 1:34 AM EDT | Source: HIVE Digital Technologies Ltd.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. - June 6, 2025) - HIVE ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has a presence in key finance and investing hubs with offices in London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company utilizes technology to enhance workflows and has adopted automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [4][5] - Proactive's editorial operations produce approximately 50,000 pieces of news and feature articles annually [1]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

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. - May 28, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 10 Exahash per second (EH/s) of global Bitcoin ...

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. - May 28, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 10 Exahash per second (EH/s) of global Bitcoin ...

Core Viewpoint - HIVE Digital Technologies is experiencing a transformative year with plans to exponentially grow its operational capacity from 6 exahash (EH/s) to 10 EH/s in a short timeline, aligning with its operational blueprints [1][4]. Group 1: Growth Plans - The company aims to scale its operational capacity to 10 EH/s, with incremental growth targets of 7, 8, and 9 EH/s every two weeks [4]. - HIVE's expansion in Paraguay has increased its initial plan from 100 megawatts to 300 megawatts due to opportunities arising from another operator exiting the region [2][6]. - The construction in Paraguay is progressing rapidly, with over 350 workers currently on-site [2][7]. Group 2: Market Position - HIVE's current Bitcoin production accounts for over 1% of the global network, with Bitcoin prices reaching $111,000 [5]. - The company is targeting 18 EH/s by the summer of this year, with construction and equipment installation on track [9]. Group 3: Community Engagement - HIVE has initiated an ESG strategy, contributing to local schools by addressing the lack of air conditioning in high temperatures, having supported over ten schools near its facilities [8].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...