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 prospectus supplement dated November 25, 2025 to its short form base shelf prospectus dated October 31, 2025.San Antonio, Texas--(Newsfile Corp. - February 17, 2026) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (BVC: HIVECO) (referred to as the "Company" or "HIVE"), a global leader in sustainable data center infrastructure, announced its results for the third quarter ended December 31, 202 ...

Core Insights - HIVE Digital Technologies Ltd. reported record quarterly revenue of $93.1 million for Q3 FY2026, marking a 219% year-over-year growth and a 7% increase quarter-over-quarter [3][8] - The company achieved a significant gross operating margin of $32.1 million, representing 34.5% of revenue, which is more than six times the margin from the same period last year [3][8] - HIVE's growth is attributed to the expansion of its Bitcoin hashrate fleet to 25 Exahash per Second (EH/s) and increasing demand for its BUZZ HPC platforms [4][7] Financial Performance - Total revenue reached $93.1 million, up from $29.2 million in Q3 FY2025, with digital currency hashrate revenue contributing $88.2 million [8] - The gross operating margin increased to $32.1 million from $5.3 million in the prior year, reflecting a substantial improvement in operational efficiency [3][8] - The company generated 885 Bitcoin during the quarter, a 23% increase from the previous quarter, despite a 15% rise in network difficulty [8] Strategic Developments - HIVE is positioning itself for growth in AI and high-performance computing (HPC) by expanding its infrastructure in Paraguay, which is expected to become a leader in HPC for Latin America [7][10] - The company signed a 2-year, $30 million contract for 504 Nvidia B200 GPUs, which is expected to significantly boost its annual recurring revenue (ARR) from HPC services [8][9] - HIVE's dual-engine strategy combines Bitcoin infrastructure as a cash generator with BUZZ AI Cloud as a high-growth platform, providing diversification and flexibility in capital allocation [10] Operational Highlights - The company operates 440 megawatts (MW) of hydro-powered capacity and has plans to expand by an additional 100 MW in Paraguay [8] - HIVE's gross operating margin percentage improved to 35% from 18% in the same quarter last year, indicating effective cost management and operational scaling [8][17] - General and administrative expenses increased to $8.4 million, reflecting the hiring of additional staff to support global expansion, but grew at a slower rate than gross operating margin [8][9]

HIVE announced on Feb. 13 that BUZZ High Performance Computing, the Canadian Tier-III high-performance computing (HPC) data center platform of HIVE Digital Technologies (Nasdaq: HIVE), has signed customer agreements representing around $30 million in total contract value over two-year fixed terms. Building on four years of experience running GPU infrastructure, BUZZ is accelerating its growth as HIVE’s AI engine. It complements the company’s established Tier-I hashrate services business and strengthens H ...

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, ...

Core Viewpoint - BUZZ High Performance Computing, a subsidiary of HIVE Digital Technologies Ltd., has signed customer agreements worth approximately $30 million over two years, marking a significant advancement in its AI cloud strategy [2][10]. Group 1: Business Expansion and Revenue Projections - BUZZ is expanding its AI-optimized GPU deployment at its Canada West location in Manitoba, with the first phase involving 504 liquid-cooled Dell server-based GPUs designed for high-performance AI and HPC workloads [4]. - Management anticipates that the initial phase will generate around $15 million in annual recurring revenue (ARR) once fully operational, with total annualized revenue for HIVE's HPC segment expected to rise from approximately $20 million to about $35 million [5]. - The company aims to scale its HPC GPU AI cloud business to approximately $140 million in ARR over the next year, contingent on market conditions and successful infrastructure deployment [10]. Group 2: Infrastructure and Investment - To support growth, the company plans to incur capital expenditures for GPU acquisition, electrical and cooling infrastructure, and working capital [6]. - Constructing a fully self-funded Tier-III facility with similar GPU capacity could require around $70 million in capital expenditures, highlighting the higher capital intensity compared to Tier-I data centers [8]. - The company is pursuing vendor financing arrangements and strategic partnerships to scale efficiently while minimizing upfront capital intensity [9]. Group 3: Market Position and Future Outlook - HIVE has established itself as a long-standing operator in the crypto Tier-I data center space, leveraging this foundation to build a high-growth AI cloud platform across Canada, Sweden, and Paraguay [7]. - Demand for high-performance, power-efficient AI compute is expanding globally, positioning BUZZ as a growth catalyst in the AI supercycle [11][13]. - BUZZ has been recognized for its fast data center network, validating its technical architecture and execution capabilities [12].

Core Insights - BUZZ High Performance Computing, a subsidiary of HIVE Digital Technologies Ltd., has signed customer agreements worth approximately $30 million over two years, marking a significant advancement in its AI cloud strategy [2][10]. Group 1: Business Expansion and Revenue Projections - The initial phase of BUZZ's AI-optimized GPU deployment at its Canada West location in Manitoba will consist of 504 liquid-cooled Dell server-based GPUs, expected to generate around $15 million in annual recurring revenue (ARR) once fully operational [4][5]. - Total annualized revenue for HIVE's HPC segment, driven by BUZZ, is projected to increase from approximately $20 million to roughly $35 million, reflecting strong demand for BUZZ's AI cloud platform [5]. - The company aims to scale its HPC GPU AI cloud business to approximately $140 million in ARR over the next year, contingent on market conditions and successful infrastructure deployment [10]. Group 2: Infrastructure and Investment - To support growth, the company anticipates incurring capital expenditures related to GPU acquisition and necessary infrastructure, including electrical and cooling systems [6]. - Constructing a fully self-funded Tier-III facility with similar GPU capacity could require around $70 million in capital expenditures, highlighting the capital intensity of advanced GPU clusters [8]. - The company is pursuing vendor financing arrangements and strategic partnerships to scale efficiently while minimizing upfront capital intensity [9]. Group 3: Market Position and Future Outlook - HIVE has established itself as a long-standing operator in the crypto Tier-I data center space, leveraging this foundation to build a high-growth AI cloud platform across Canada, Sweden, and Paraguay [7]. - Demand for high-performance, power-efficient AI compute is expanding globally, positioning BUZZ as a growth catalyst in the AI supercycle [11][13]. - BUZZ has been recognized for having one of the fastest data center networks globally, validating its technical architecture and execution capabilities [12].

HIVE Digital Technologies Ltd. (NASDAQ: HIVE) will release its financial results for the nine months ended Dec. 31, 2025, on Feb. 17, followed by an earnings call at 8:00 am Eastern Time. The diversified blockchain and AI infrastructure firm said a webcast and conference call will accompany the results. Participants are encouraged to register or dial in approximately five minutes before the call. A replay and a copy of the earnings release will be available on the company’s investor relations website. R ...

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is one of the best AI penny stocks to buy right now. On February 5, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) released operational results for January 2026 in which it reported a 290% year over year increase in hashrate. The hashrate averaged 22.2 exahash per second (EH/s) and peaked at 23.7 EH/s, up from 5.7 EH/s a year earlier. HIVE Digital (HIVE) Reports Strong Mining Growth and Expands Into AI Cloud During the same period, HIVE produced 297 Bitcoin, a 1 ...

Company Overview - HIVE Digital Technologies Ltd. is a diversified global leader in renewable-powered blockchain and AI infrastructure, founded in 2017 [3] - The company is the first publicly listed entity to mine digital assets using green energy, operating next-generation data centers in Canada, Sweden, and Paraguay [3] - HIVE serves both Bitcoin and high-performance computing clients, utilizing a twin-turbo engine infrastructure driven by Bitcoin mining and GPU-accelerated AI computing [3] Financial Results Announcement - HIVE will release its financial results for the nine months ended December 31, 2025, on February 17, 2026 [1] - An earnings conference call and webcast will follow the financial results announcement on the same day at 8:00 AM EST [1][2]