RETRANSMISSION: HIVE Digital Technologies Welcomes Gabriel Lamas as Country President of Paraguay

Core Viewpoint - HIVE Digital Technologies Ltd. has appointed Gabriel Lamas as Country President of Paraguay to lead its operations and expansion in the region, enhancing its position in sustainable blockchain infrastructure and high-performance computing [1]. Group 1: Leadership Appointment - Gabriel Lamas brings over 20 years of experience in infrastructure and energy projects, known for his technical skills and leadership [2]. - Lamas has previously held significant roles in shaping Latin America's digital and energy landscape, including positions at Bitfarms Ltd. [3]. - His experience at Paraguay's National Utility, ANDE, involved managing dam operations and optimizing energy transmission, showcasing his expertise in energy efficiency [4]. Group 2: Strategic Importance - Frank Holmes, Co-Founder and Executive Chairman of HIVE, emphasized Lamas' role in driving the company's success in Paraguay, particularly as HIVE becomes the largest private electricity consumer from ANDE [5]. - Lamas' consulting experience with global manufacturers of power equipment highlights his versatility and industry insight [5]. Group 3: Vision and Commitment - HIVE's CEO, Aydin Kilic, praised Lamas' leadership and technical background, which are crucial for scaling sustainable high-performance computing [6]. - Lamas expressed enthusiasm for his new role, emphasizing the importance of Paraguay in the future of digital services and HIVE's commitment to sustainable growth [7][8]. - The company anticipates that Lamas' strategic vision and operational expertise will significantly enhance its operations in Paraguay as it continues its growth trajectory into 2025 and beyond [8]. Group 4: Company Overview - HIVE Digital Technologies Ltd. is a leader in sustainable blockchain and AI infrastructure, known for being the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017 [9]. - The company operates in Canada, Sweden, and is expanding into Paraguay, focusing on innovation while minimizing its environmental impact [9].