Core Insights - HIVE Digital Technologies Ltd. reported total revenue of $115.3 million for FY2025, with a significant contribution from digital currency mining and high-performance computing (HPC) services [6][3] - The company achieved adjusted EBITDA of $56.2 million, representing 48.7% of total revenue, despite a net loss of $3.0 million [6][3] - HIVE's Bitcoin production reached 1,414 Bitcoin, while HPC revenue grew approximately threefold year-over-year to $10.1 million [6][3] Financial Highlights - Total revenue for FY2025 was $115.3 million, with digital currency mining revenue at $105.2 million, down 5.2% year-over-year [6] - HPC/AI Cloud revenue was $10.1 million, a 194% increase from $3.4 million in FY2024 [6] - Gross operating margin was $25.1 million, equating to 21.8% [6] - General and administrative expenses rose to $16.6 million from $13.2 million in FY2024 due to increased staffing for global expansion [6] - Total digital currency assets were valued at $181.1 million, including 2,201 Bitcoin [6] Management Insights - The company expanded its operational hashrate from 4.5 EH/s to 6.3 EH/s, a 40% increase, despite challenges from the Bitcoin halving [7] - HIVE acquired 300 MW of hydro-powered green energy sites in Paraguay, enhancing its leadership in sustainable mining [7] - The company aims to scale its Bitcoin mining business to 25 EH/s by December 31, 2025, and continues to grow its Buzz HPC business [7] - HIVE transitioned its financial reporting from IFRS to US GAAP to align with strategic objectives and enhance comparability with U.S. peers [7] Q4 FY2025 Highlights - Q4 total revenue was $31.2 million, with digital currency mining revenue at $28.1 million, reflecting a 5.5% sequential increase [8] - General and administrative expenses for Q4 were $5.3 million, up from $4.6 million in Q3 FY2025 [8] - Bitcoin production in Q4 was 303 Bitcoin, down 6% sequentially due to increased hashrate difficulty [8] - Buzz HPC revenue reached a record $3.0 million in Q4, an 18.5% sequential increase [8]

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 bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is committed to using technology to enhance workflows and has adopted various automation and software tools, including generative AI [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

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 has a team of experienced news journalists who produce independent content across various financial markets [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 into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

Core Insights - HIVE Digital Technologies Ltd. has announced the acquisition of a 7.2 MW data center in Toronto, Canada, aimed at enhancing its high-performance computing (HPC) infrastructure and developing a sovereign AI ecosystem through its subsidiary BUZZ HPC [3][4][5]. Group 1: Acquisition Details - The facility will serve as a foundational pillar for BUZZ HPC's growth, enabling the deployment of advanced liquid-cooled compute infrastructure for AI workloads [4][5]. - The acquisition is positioned strategically in Toronto, which is recognized as Canada's largest tech hub, facilitating access to higher education, AI research, and fiber optic connectivity [5][6]. Group 2: Strategic Importance - This move is part of HIVE's long-term vision to build next-generation compute infrastructure in Canada, contributing to the development and hosting of Canadian data and AI models [5][6]. - The Toronto data center is expected to support large-scale AI training, inference, and cloud services tailored for Canadian enterprises and government initiatives [4][5]. Group 3: Future Plans and Commitments - HIVE aims to upgrade the facility to Tier 3 standards, allowing it to operate a GPU cloud of up to 5,000 next-generation GPUs for AI compute [7]. - The acquisition aligns with HIVE's commitment to sustainable digital infrastructure, with plans to integrate green energy sources [6][7].

Core Viewpoint - HIVE Digital Technologies Ltd. has signed a purchase and sale agreement to acquire a facility in Toronto, Canada, with a total installed capacity of approximately 7.2 megawatts, aimed at enhancing its high-performance computing infrastructure and supporting the development of a sovereign Canadian AI ecosystem [3][4]. Company Developments - The acquisition will enable BUZZ High Performance Computing Inc. to deploy advanced liquid-cooled compute infrastructure for AI workloads, including large-scale training and cloud services for Canadian enterprises and government initiatives [4][5]. - This facility is positioned in Toronto, recognized as Canada's largest tech hub, which is crucial for higher education, AI research, and fiber optic connectivity [5][6]. - The Toronto data center will serve as a foundational pillar for HIVE's long-term vision of building next-generation compute infrastructure in Canada [5][6]. Strategic Importance - The acquisition is part of HIVE's strategy to lead in the digital infrastructure evolution in Canada, ensuring data residency, security, and innovation leadership [5][6]. - HIVE aims to contribute to the development and hosting of Canadian data, AI models, and intellectual property on Canadian soil, amidst a competitive landscape for sovereign data centers [5][6]. Sustainability Commitment - HIVE is committed to sustainable digital infrastructure, with plans to integrate green energy sources into its operations [6][7]. - The facility will be upgraded to Tier 3 standards, allowing it to operate a GPU cloud of up to 5,000 next-generation GPUs for AI compute [7][9]. Leadership and Vision - The leadership of BUZZ HPC, under Craig Tavares, is focused on accelerating HIVE's vision to become a leader in Canada's high-performance computing data center industry [7][9]. - HIVE's commitment to operational excellence and green energy leadership is emphasized as it continues to scale its operations [9].

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's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [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 Surpasses 11 EH/s Bitcoin Hashrate Milestone as 100 MW Phase 1 in Paraguay Completed Ahead of Schedule - Company on Track to Reach 25 EH/s by ThanksgivingJune 20, 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, Texa ...

Core Viewpoint - HIVE Digital Technologies has successfully surpassed 11 Exahash per second (EH/s) in Bitcoin mining hashrate, achieving an operational hashrate of 11.4 EH/s ahead of schedule, with plans to reach 25 EH/s by American Thanksgiving 2025 [2][4]. Group 1: Operational Milestones - The company has increased its installed hashrate by approximately 1 EH/s per week, reaching 11.5 EH/s recently and expects to maintain this level under typical operating conditions [3]. - The completion of Phase 1 (100 MW) of HIVE's Yguazú site in Paraguay is a significant step towards scaling operations [2][4]. Group 2: Strategic Expansion - HIVE's expansion into Paraguay is driven by the utilization of low-cost, 100% renewable hydroelectricity, aligning with sustainable growth objectives [4]. - The company is making progress with Phase 2 of its Paraguay build-out, with new Bitmain S21+ Hydro ASICs being prepared for deployment [4]. Group 3: Community Impact - HIVE's investment in Paraguay has created hundreds of construction jobs and supported local infrastructure improvements, such as air conditioning in schools and street lighting [6]. - The company is committed to long-term economic benefits by paying for energy in U.S. dollars, which reinforces the local currency and promotes economic stability [6]. Group 4: Leadership Insights - Frank Holmes, Co-Founder and Executive Chairman, emphasized the rapid scaling capabilities of HIVE and the benefits of sustainable digital infrastructure for both shareholders and local communities [7]. - Aydin Kilic, President and CEO, expressed confidence in achieving the target of 25 EH/s by American Thanksgiving 2025, highlighting the quality and efficiency of operations in Paraguay [7]. Group 5: Upcoming Financial Reporting - HIVE is scheduled to release its fiscal Q4 and full-year results for the period ended March 31, 2025, on June 26, 2025, with a conference call to follow [9].

RETRANSMISSION: HIVE Digital Technologies to Release Fiscal March 31, 2025 Q4 and Full Year 2025 Financial Results and Hold Earnings Call on June 26June 16, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.San Antonio, Texas--(Newsfile Corp. - June 16, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: YO0) (referred to as the "Company" or "HIVE"), a global leader in sustainable data center infrastructure, today announced it will release its financial results for ...

Core Insights - HIVE Digital Technologies Ltd. will release its financial results for Q4 and the full year ending March 31, 2025, on June 26, 2025, followed by an earnings call at 8:00 AM EST [1][2] Company Overview - HIVE Digital Technologies Ltd. is a leader in sustainable blockchain and AI infrastructure powered by green energy, with operations in Canada, Sweden, and Paraguay [3]