Group 1 - Bitcoin has reached a historic high, leading to a pre-market increase in cryptocurrency-related stocks [1] - Riot Blockchain (RIOT.O) shares rose by 3% [1] - Coinbase (COIN.O) shares increased by 2.7% [1] - Bitfarms shares saw a rise of 3.7% [1] - Strategy (MSTR.O) shares went up by 1.7% [1]

Core Insights - HIVE Digital Technologies has accelerated its operations in Paraguay, achieving a global Bitcoin mining hashrate of over 7 EH/s, marking a 10% month-over-month increase [3][4] - The company produced 102 Bitcoin in April 2025, averaging 3.4 BTC per day, with expectations to nearly double this production by the end of June 2025 [5][6] Expansion and Growth - Following the acquisition of Bitfarms' Yguazú assets, HIVE has completed the first 100 MW phase of its hydro-powered facility in Paraguay, contributing to the increase in hashrate [3][4] - HIVE plans to add approximately 1 EH/s of additional capacity per month, with an accelerated pace expected to reach 1 EH/s every two weeks as new ASIC miners are deployed [4][7] - The company aims to achieve a total hashrate of 11.5 EH/s by the end of June 2025 and 18 EH/s by the end of summer 2025 through ongoing expansions [4][9] Financial Performance - HIVE's disciplined capital allocation has resulted in savings of $27 million in capital expenditures, enhancing near-term growth prospects [5] - The company raised gross proceeds of C$96.9 million (approximately $67.4 million) through the issuance of common shares, which will be used for data center equipment purchases and strategic investments [12][13] Operational Efficiency - The average hashrate during April was 6.5 EH/s, with a peak of 6.6 EH/s, and mining efficiency was reported at 20.7 joules per terahash [6] - HIVE's expansion in Paraguay is expected to utilize the latest Bitmain S21+ Hydro ASIC miners, enhancing operational efficiency and capacity [7][9]

Core Insights - HIVE Digital Technologies has accelerated its operations in Paraguay, achieving a global Bitcoin mining hashrate of 7.3 EH/s, marking a 10% month-over-month increase [2][3] - The company produced 102 Bitcoin in April 2025, averaging 3.4 BTC per day, with expectations to nearly double this production by the end of June 2025 [4][5] Expansion and Growth - Following the acquisition of Bitfarms' Yguazú assets and the completion of the first 100 MW phase, HIVE is on track to add approximately 1 EH/s of capacity per month, aiming for a total of 11.5 EH/s by the end of June 2025 [2][3][4] - Phase 2 construction is underway, which will add an additional 6.5 EH/s, bringing the total hashrate to approximately 18 EH/s by the end of summer [6][8] Financial Performance - The company reported gross proceeds of C$96.9 million (approximately $67.4 million) from the issuance of 25,206,407 common shares during the three-month period ended March 31, 2025 [11] - The net proceeds from the equity distribution agreement are being utilized for data center equipment purchases, strategic investments, and general working capital [12] Operational Efficiency - HIVE's average hashrate during April was 6.5 EH/s, with a peak hashrate of 6.6 EH/s and fleet efficiency of 20.7 joules per terahash [5] - The company is leveraging clean hydroelectric power for its operations, which provides a strategic advantage in scaling production [4]

Core Viewpoint - Bitcoin approaches the $100,000 mark for the first time since February, leading to a pre-market rise in related cryptocurrency stocks in the US [1] Group 1: Bitcoin Price Movement - Bitcoin is nearing the $100,000 threshold, marking a significant price movement since February [1] Group 2: Stock Performance - Cryptocurrency-related stocks in the US experienced notable pre-market gains, with Strategy up 5.1%, Hive Digital up 3.5%, Hut 8 up 7.7%, Bitfarms up 2.0%, Cipher Mining up 6.6%, Bit Digital up 5.5%, Riot Platforms up 4.2%, MARA up 4.4%, Coinbase up 4.3%, and CleanSpark up 5.4% [1]