HIVE Digital Technologies .(HIVE)
Search documents
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].
HIVE Digital Looks Cheap Now, But Bitcoin Cyclicality Still Dominates
Seeking Alpha· 2026-01-13 10:56
Core Viewpoint - The article does not provide any specific insights or analysis related to a company or industry, focusing instead on the author's credentials and disclosures [1][2][3]. Group 1 - The author holds multiple degrees in Electronics and Telecommunication Engineering, Computer Science, Business Management, and Computer Applications from various institutions [1]. - The author collaborates professionally with another individual, ensuring that analyses are conducted independently [1]. - There is a clear disclosure stating that the author has no financial positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2].
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 06:00
Core Viewpoint - HIVE Digital Technologies Ltd. is expanding its operations into Paraguay through a strategic joint venture with the country's leading telecommunications operator, launching a purpose-built AI cloud platform aimed at serving various sectors 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, designed to provide high-performance computing and AI infrastructure for academic, enterprise, financial, and healthcare sectors [2][3]. - The initial deployment of the platform is set to begin in Q1 2026, starting with an enterprise-grade GPU cluster for AI training and data-intensive workloads, with plans for future scaling based on customer demand and capital availability [3][5]. - HIVE has already established Tier I data centers in Paraguay, utilizing renewable hydroelectric energy, and views Bitcoin mining as a means to develop further infrastructure [4][11]. Group 2: Strategic Vision and Economic Context - The company's strategy in Paraguay is part of a long-term vision to evolve 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 long-term digital infrastructure investments [6][10]. - HIVE's development approach mirrors the evolution of digital infrastructure seen in Texas, suggesting that Paraguay is at a similar early stage in its infrastructure development cycle [7][11]. Group 3: Workforce and Institutional Engagement - The investment in AI and HPC infrastructure is expected to stimulate downstream economic activity, potentially increasing demand for technical professionals such as software developers and data scientists [8]. - The expansion aligns with ongoing institutional engagement between Paraguay and the United States, which may enhance bilateral cooperation and institutional confidence [9][10]. - The launch of the AI cloud platform aims to support accelerated computing demand across South America, leveraging renewable energy and a Tier III environment [10][11].
HIVE Digital Technologies expands AI & Bitcoin operations - ICYMI
Proactiveinvestors NA· 2026-01-10 18:07
Core Insights - HIVE Digital Technologies has experienced significant operational growth and strategic expansion in Bitcoin mining and high-performance computing (HPC) [1] - The company mined 306 Bitcoin in December, marking a 197% year-over-year increase, primarily driven by capacity expansion in Paraguay [7] Group 1: Operational Growth - The company scaled its operations in Paraguay from 6 to 25 exahash, contributing significantly to its Bitcoin production [1][7] - HIVE has been upgrading to more efficient ASIC mining chips, reducing energy consumption from 30 joules per terahash to as low as 11 joules in newer models [2][8] - The company demonstrated growth across various time frames, including year-over-year, quarter-over-quarter, and month-over-month, despite challenging market conditions [4] Group 2: Strategic Expansion - HIVE is developing a new 100MW facility in Paraguay, which is expected to add another 10 exahash, translating to approximately five Bitcoin per day [2][10] - The company is also building an HPC data center in Manitoba in collaboration with Bell Canada, aimed at supporting AI workloads using Nvidia chips [2][10] - The dual engine of growth in Bitcoin mining and HPC positions HIVE favorably within the technology sector, particularly as AI and HPC demand continues to rise [6]
HIVE Digital Technologies boosts Bitcoin output in December despite rising mining difficulty
Proactiveinvestors NA· 2026-01-07 14:17
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]
RETRANSMISSION: HIVE Digital Technologies Delivers Strong Year-Over-Year, Quarter-Over-Quarter and Month-Over-Month Growth, Maintaining over 2% of the Global Bitcoin Network
TMX Newsfile· 2026-01-07 11:00
Core Insights - HIVE Digital Technologies Ltd. reported strong Bitcoin production results for December 2025, showcasing significant year-over-year growth and operational resilience despite seasonal weather challenges [1][4]. Production Highlights - In December 2025, HIVE produced 306 Bitcoin, marking a 197% increase year-over-year from 103 Bitcoin in December 2024, while Bitcoin mining difficulty rose by 40% year-over-year for the same month [8]. - For the full year 2025, HIVE produced 2,311 Bitcoin, a 31% increase from 1,770 Bitcoin in 2024, achieved despite the Bitcoin halving and record-high global network difficulty, which was 46% higher than in 2024 [5]. Operational Efficiency - HIVE operates at over 2% of the global Bitcoin network, demonstrating its scale and reliability [2]. - The company maintained high uptime and production consistency through a geographically decentralized model, which spans three continents and nine time zones [4][10]. Growth and Expansion Plans - HIVE plans to develop an additional 100 megawatts of hydroelectric-powered data center capacity at its Yguazú campus in Paraguay, with full commissioning expected in Q3 2026 [6]. - Upon completion, HIVE's renewable energy capacity is projected to reach approximately 540 megawatts, including 400 MW in Paraguay and 140 MW across Canada and Sweden [9]. Management Commentary - Frank Holmes, Executive Chairman, emphasized the company's view of Bitcoin as a portable energy source and highlighted the importance of maintaining over 2% of the global Bitcoin network through disciplined execution [7]. - Aydin Kilic, President & CEO, noted that the results reflect the strength of HIVE's global operating platform and the benefits of decentralization in optimizing uptime and protecting margins [10].