HIVE Digital Technologies .(US:HIVE) Newsfile·2025-06-20 05:00Core 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].