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HIVE Digital's BUZZ HPC launches AI cloud in Paraguay - ICYMI
Proactiveinvestors NA· 2026-01-24 15:17
Core Insights - Buzz HPC is launching a purpose-built AI cloud in Paraguay, marking its third global cloud region alongside operations in Sweden and Canada [1][11] - The expansion into Paraguay is driven by its emerging status as a hub for high-performance computing (HPC) data centers [1][5] Infrastructure and Energy - Buzz HPC is utilizing its existing Tier 1 infrastructure in Paraguay, initially developed for crypto mining, to transition into AI-focused Tier 3+ data center facilities [2][4] - Paraguay's access to hydroelectric power, particularly from the largest dam in the Western Hemisphere, provides a renewable energy advantage, reducing the carbon footprint of AI operations [2][6] Market Position and Strategy - The company aims to build AI infrastructure to meet the increasing demand for modern AI workloads, positioning Paraguay as a key market for next-generation HPC data center development [5][6] - A strategic partnership with a telecom provider facilitates an accelerated path to market, leveraging existing enterprise-grade data center capacity and national fiber connectivity [7][8] Community and Government Relations - Buzz HPC has established deep relationships with local communities and government, which support collaboration and growth in AI development through institutions and businesses [8] - The company is committed to using hydroelectric energy as its primary power source across all its assets, aligning with its green strategy [9][10] Future Plans - The Buzz AI cloud is set to go online in Q1 2026, providing compute capacity for AI workloads and complementing existing cloud regions [11][12] - The company plans to redevelop its Tier 1 facilities into Tier 3+ facilities to accommodate larger compute clusters over time [12]
Valneva, Tesla And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session - Aeva Technologies (NASDAQ:AEVA), ALT5 Sigma (NASDAQ:ALTS)
Benzinga· 2026-01-20 13:05
Market Overview - U.S. stock futures are lower, with Dow futures dropping approximately 700 points [1] Company-Specific Developments - Valneva SE has withdrawn its IXCHIQ Chikungunya vaccine BLA and IND in the U.S. following an FDA suspension and a review of new serious adverse events, leading to a 7.7% decline in shares to $9.29 in pre-market trading [1] - Rezolve AI PLC shares fell 15% to $3.92 in pre-market trading [2] - POET Technologies Inc experienced an 11.2% decline to $7.37 in pre-market trading [2] - Forward Industries Inc shares decreased by 10.5% to $7.70 after a previous gain of 4% on Friday [2] - Babcock & Wilcox Enterprises Inc shares dipped 9.9% to $7.59 in pre-market trading [2] - Bakkt Holdings Inc fell 9.5% to $19.38 after a 10% increase on Friday [2] - Applovin Corp shares decreased by 9.5% to $515.03 after a 6% decline on Friday [2] - ALT5 Sigma Corp shares fell 8.9% to $2.36 after gaining 7% on Friday, despite regaining Nasdaq compliance [2] - HIVE Digital Technologies Ltd shares dropped 7.7% to $3.20 in pre-market trading [2] - Aeva Technologies Inc shares declined 6.8% to $18.01 in pre-market trading [2] - Bitdeer Technologies Group fell 6.8% to $14.75 in pre-market trading [2] - Terrestrial Energy Inc shares decreased by 6.3% to $10.95 in pre-market trading [2] - Tesla Inc shares fell 2.7% to $425.75, with CEO Elon Musk confirming that vehicles equipped with the AI4 (HW4) chip will achieve unsupervised autonomous driving without upgrades [2] - NVIDIA Corp shares declined 2.4% to $181.77 in pre-market trading [2]
Is HIVE Digital Technologies Ltd (HIVE) One of the Best Cryptocurrency and Blockchain Stocks to Buy Now?
Yahoo Finance· 2026-01-19 13:15
Core Insights - HIVE Digital Technologies Ltd is expanding into Paraguay through a joint venture with a local telecommunications operator to launch an AI cloud platform [1][2] - The BUZZ AI Cloud platform will be deployed in a Tier III data center, providing high-performance computing and AI infrastructure for various sectors [2] - The platform is set to leverage Paraguay's renewable hydroelectric power and national fiber network, with a launch expected in the first quarter [3] Company Performance - In November, HIVE produced 290 Bitcoin, marking a 182% year-over-year increase, attributed to an average hashrate of 23.5 EH/s [4] - The company focuses on building sustainable data centers for Bitcoin mining and High-Performance Computing (HPC) using green energy sources [5]
HIVE Digital Technologies grows HPC operations in Paraguay with telecom partner - ICYMI
Proactiveinvestors NA· 2026-01-17 17:03
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
HIVE Digital Technologies Ltd. (HIVE): A Bull Case Theory
Yahoo Finance· 2026-01-15 14:56
Group 1 - HIVE Digital Technologies Ltd. is trading at $3.25 with a trailing P/E of 14.13 as of January 12th [1] - In October 2025, HIVE produced approximately 289 BTC, representing an 8% month-over-month increase and a 147% year-over-year increase from October 2024, averaging 9.3 BTC per day [2] - HIVE's fleet efficiency is 17.7 Joules per Terahash (J/TH) with an average hashrate of 21.9 Exahash/s (EH/s), peaking at 23.6 EH/s, contributing over 2% to the global Bitcoin network hashrate [2] Group 2 - HIVE is expanding into Tier III+ AI and HPC data centers through its subsidiary BUZZ High Performance Computing, converting its Swedish site to support roughly 2,000 NVIDIA GPUs [3] - The company's focus on renewable energy and operational efficiency contributes to a strong ESG profile, appealing to institutional investors [4] - HIVE's investment case is strengthened by rapid production growth, cost-efficient operations, and strategic diversification into high-performance computing [4]
Hive Digital (HIVE) Delivers Strong Bitcoin Output and Expands Green Infrastructure Ahead of 2026
Yahoo Finance· 2026-01-14 19:13
Group 1 - Hive Digital Technologies Ltd. reported strong Bitcoin production for December 2025, generating 306 BTC, nearly triple the amount mined a year earlier, despite a 40% increase in network difficulty [1] - The company averaged 9.9 BTC per day with a hashrate of 23.3 EH/s, peaking at 24 EH/s, and a fleet efficiency of 17.5 joules per terahash [1] - For the full year, Bitcoin production reached 2,311 BTC, marking a 31% increase from 2024, demonstrating the company's scalability amid challenges [1] Group 2 - Hive Digital is focused on expanding its infrastructure, planning to add 100 MW of hydro-powered capacity at its Yguazú campus in Paraguay by Q3 2026, increasing its renewable energy footprint to 540 MW across Paraguay, Canada, and Sweden [2] - Management emphasizes capital discipline and free cash flow generation, positioning green energy as a long-term advantage [2] Group 3 - Rosenblatt lowered its price target for HIVE to $6.50 from $10 while maintaining a Buy rating, citing competitive pressure and Bitcoin price volatility [3] - Management remains confident in HIVE's ability to protect margins and grow through 2026 [3] - Hive Digital develops and operates eco-friendly data centers that support Bitcoin mining and high-performance computing for AI, powered by renewable energy [3]
HIVE plans first HPC deployment in Paraguay for Q1
Yahoo Finance· 2026-01-13 14:56
Core Viewpoint - HIVE is expanding its high performance compute (HPC) business into Paraguay, leveraging its existing bitcoin mining infrastructure and forming a joint venture with a local telecommunications company to launch the BUZZ Cloud project in 2026 [1][2]. Group 1: Expansion Plans - The new BUZZ Cloud project will be hosted in a Tier III data center in Asunción, Paraguay, starting in the first quarter of 2026 [1]. - HIVE aims to target academic institutions, financial firms, and healthcare providers across South America with its HPC services [2]. - The company plans to scale the HPC project utilizing Paraguay's renewable hydroelectric power and its partner's national fiber network [2]. Group 2: Current Operations and Future Growth - HIVE currently operates 300 MW of bitcoin mining infrastructure in Paraguay and has plans to add an additional 100 MW to these operations in the near term [2]. - The expansion is taking place against a backdrop of strengthening institutional ties between Paraguay and the United States, which HIVE views as beneficial for investment stability [2][3]. Group 3: Investment Climate - A Status of Forces Agreement was signed between U.S. officials and the Paraguayan government in December 2025, which HIVE cites as evidence of a stable investment climate conducive to long-term capital allocation in the region [3].
DeepMarkit Nominates HIVE Digital CEO Aydin Kilic for Election to Board of Directors
TMX Newsfile· 2026-01-13 14:03
Core Viewpoint - DeepMarkit Corp. has nominated Mr. Aydin Kilic for election to its board of directors, which is set to take place at the annual general and special meeting of shareholders on February 10, 2026 [1][2]. Group 1: Nomination and Expertise - If elected, Mr. Kilic will leverage his extensive experience in digital asset infrastructure, public company leadership, and capital markets to support DeepMarkit's growth strategy and the development of Prospect Prediction Markets Inc. [2][3] - Mr. Kilic has a proven track record in building and scaling digital asset businesses, having served in leadership roles for TSX-V listed companies since 2017, including his recent position at HIVE Digital Technologies Ltd. [3][4] Group 2: Mr. Kilic's Background - Mr. Kilic has over twenty years of experience as an entrepreneur and electrical engineer, with a focus on digital asset infrastructure and capital markets [4][6]. - Under his leadership, HIVE Digital Technologies has scaled its Bitcoin mining operations to a global portfolio of 440 MW, contributing over 2% to the global Bitcoin network hash rate [5]. - He previously raised CAD 30 million for Fortress Technologies Inc. and has extensive experience in capital raising with institutional investors [6]. Group 3: Company Overview - DeepMarkit Corp. is focused on building and acquiring platforms that enhance digital experiences in prediction markets, blockchain infrastructure, AI, and tokenization [8]. - The company’s portfolio includes Prospect Prediction Markets Inc., which operates an on-chain sports prediction platform utilizing a proprietary ranking algorithm [9][10].
HIVE Digital Technologies to rollout BUZZ AI cloud platform in Paraguay through telecom partnership
Proactiveinvestors NA· 2026-01-13 13:30
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is a forward-looking company that adopts technology enthusiastically to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
RETRANSMISSION: HIVE Digital Technologies Expands into Paraguay, Launching One of the First Purpose-Built AI BUZZ Cloud Platforms in the Country
TMX Newsfile· 2026-01-13 11:00
Core Viewpoint - HIVE Digital Technologies Ltd. is expanding into Paraguay through a joint venture with the country's leading telecommunications operator, launching a purpose-built AI cloud platform to support high-performance computing and AI infrastructure across South America [1][2]. Group 1: Expansion and Infrastructure - The new AI BUZZ Cloud platform will be located in Asunción and hosted within a Tier III data center, aimed at serving various sectors including academia, enterprises, financial services, and healthcare [2][10]. - Initial deployment is set for Q1 2026, starting with an enterprise-grade GPU cluster for AI training and data-intensive workloads, with plans to scale based on customer demand and capital availability [3][11]. - HIVE has already established Tier I data centers in Paraguay, utilizing renewable hydroelectric energy, and views Bitcoin mining as a means to build further infrastructure [4][12]. Group 2: Strategic Vision and Economic Context - HIVE's long-term strategy focuses on evolving energy-led digital infrastructure into scalable AI and data center capacity, emphasizing the importance of reliable electricity and high-capacity connectivity [5][6]. - Paraguay's recent economic growth, stable government, and pro-investment policies create a favorable environment for HIVE's digital infrastructure investments [6][9]. - The company draws parallels between Paraguay's infrastructure development and that of Texas, suggesting that Paraguay is at a similar early-stage point in its digital infrastructure cycle [7][12]. Group 3: Workforce and Institutional Engagement - Continued investment in AI and HPC infrastructure is expected to stimulate economic activity and increase demand for technical professionals, contributing to workforce development [8]. - The expansion aligns with ongoing institutional engagement between Paraguay and the United States, which may enhance confidence in the region's stability and investment potential [9].