Core Insights - HIVE Digital Technologies Ltd. has achieved a new all-time high of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, positioning the company above 1% of the global Bitcoin network [3][4] - The company aims to reach a target of 25 EH/s by the end of 2025, with plans for further expansion and increased energy efficiency [3][7] Group 1: Company Achievements - The milestone of 9.5 EH/s translates to mining over 4.5 Bitcoin daily, reinforcing HIVE's position as a top-tier player in the blockchain ecosystem [4] - HIVE's hashrate has been increasing at a rate of approximately 1 EH/s weekly, surpassing earlier projections [5] - The company is on track to reach 11.5 EH/s by June 2025, completing the first phase of its expansion [6] Group 2: Future Plans - HIVE plans to launch a second 100 MW facility in Yguazú by summer 2025, targeting 18 EH/s and aiming to capture 2% of the global Bitcoin network [7] - A third 100 MW campus is set to be established in Valenzuela, Paraguay, to help achieve the 25 EH/s target by Q4 2025 [7] - The company is focused on building a sustainable and high-growth operation, leveraging 100% renewable energy [5][10] Group 3: Leadership Perspectives - Frank Holmes, Co-Founder and Executive Chairman, emphasized the commitment to creating lasting value for shareholders and the operational excellence demonstrated by the team [8] - Aydin Kilic, President and CEO, highlighted that reaching 9.5 EH/s reflects the company's strategic focus and positions it for future growth [10]
RETRANSMISSION: HIVE Digital Technologies Celebrates Record 9.5 EH/s Milestone, Driving Shareholder Value on Path to 25 EH/s by 2025