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HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion Progresses
Newsfile· 2025-07-11 05:00
Core Insights - HIVE Digital Technologies has achieved a significant milestone by exceeding 12 Exahash per second (EH/s) in Bitcoin mining hashrate, doubling from 6 EH/s at the beginning of 2025, and has reached an annualized run rate revenue of $250 million [2][8] Company Performance - The company is rapidly expanding its operations in Yguazú, Paraguay, where it is constructing three hydro-powered data center campuses aimed at establishing the region as a hub for Bitcoin innovation and renewable infrastructure [3][9] - HIVE's Phase 2 expansion is progressing well, with 1 EH/s of next-generation Bitmain S21+ Hydro ASIC miners currently operational, and full deployment expected to reach 6.5 EH/s by late August 2025 [4][8] - The company anticipates achieving 18 EH/s by the end of summer 2025 and 25 EH/s by American Thanksgiving 2025 [4] Financial Metrics - As of the latest report, HIVE is mining over 6 Bitcoin (BTC) daily across its global operations, with a mining margin of approximately 55% [8] - Once the company reaches 18 EH/s, it expects to generate approximately $400 million in annual run rate revenue, with an anticipated fleet efficiency of 18.5 J/TH and mining margins approaching 60% after accounting for electrical costs [8] Industry Impact - HIVE's development in Paraguay is being recognized as a model for infrastructure execution, balancing rapid deployment with significant community impact, including job creation and regional infrastructure enhancement [9][11] - The company's efforts are not only focused on data center construction but also on delivering social benefits, such as improving local infrastructure and educational facilities [11]
Digital subscription results of AS Ekspress Grupp in the second quarter of 2025
Globenewswire· 2025-07-11 05:00
The number of digital subscriptions of AS Ekspress Grupp increased by 10% in the Baltic States year-over-year (2nd quarter: 4%, 1st six months: 3%) and totalled 244 884 at the end of June. The number of digital subscriptions of AS Delfi Meedia that publishes the news portal Delfi, newspapers Eesti Päevaleht, Maaleht, Eesti Ekspress and several popular magazines increased by 12% year-over-year (2nd quarter: 6%, 1st six months: 5%) and totalled 119 811.The number of digital subscriptions of AS Õhtuleht Kirjas ...
全省平台经济高质量发展大会在杭召开
Hang Zhou Ri Bao· 2025-07-11 03:16
张雁云主持,尹学群、姚高员、宦金元出席。省市场监管局汇报有关工作情况。省商务厅、杭州 市、绍兴市、阿里巴巴集团、连连数字科技股份有限公司作交流发言。 刘捷指出,推动平台经济高质量发展强省建设,是贯彻落实习近平总书记重要指示精神和党中央国 务院决策部署的实际行动,是服务"国之大者"、助力赢得国际经贸斗争主动权的战略之举,是放大先发 优势、再创平台经济新辉煌的必然要求,是破解瓶颈制约、推动平台经济提能升级、提质增效的迫切需 要。要正确处理好存量与增量、国内与国际、供给与需求、可持续与包容性、创新与规范的关系,聚焦 自主创新,实施平台经济创新攀高行动,强化关键核心技术攻关,打造人工智能应用场景,大力培育新 业态新模式,推动平台经济从规模驱动向创新驱动转型,着力打造科技引领的新标杆。聚焦数实融合, 深化"平台+产业"双向赋能工程,建强工业互联网平台,加快中小企业数字化转型,着力打造现代化产 业体系的新标杆。聚焦开放共赢,实施跨境电商出海拓市行动,不断提升平台竞争力,完善海外综合服 务体系,加强知识产权保护,提升国际规则话语权,着力打造参与国际竞争合作的新标杆。聚焦供需两 旺,提升产品服务品质,开拓消费场景,营造一流消 ...
高盛:全球 IT 服务观察-第二季度财报前总结我们对行业趋势的观点
Goldman Sachs· 2025-07-11 01:13
Investment Rating - The report assigns a "Buy" rating to several companies including Accenture, IBM, Fujitsu, NEC, and EPAM, while Cognizant and Globant are rated as "Neutral" [28][19][12]. Core Insights - The global IT services industry is facing macroeconomic headwinds that are likely to persist, delaying a broader recovery in discretionary spending until 2026 [1]. - In India, the IT services sector is expected to experience low-single digit revenue growth for FY26, with limited visibility on discretionary demand [2]. - Japan's IT services market remains strong, driven by modernization needs and a tight supply of system engineers, allowing for price increases [3]. - In the US, ongoing uncertainty in IT budgets is causing clients to delay discretionary spending, particularly in sectors like Healthcare and Manufacturing [4]. Summary by Region India - After two rounds of cuts, revenue growth estimates for FY26 have been modestly raised, but growth is expected to remain below FY25 levels [2]. - The sector is projected to see a -0.4% quarter-over-quarter revenue growth for 1QFY26, with a YoY growth of +0.9% [9]. - Companies like Infosys and HCL are expected to raise their revenue growth guidance slightly [9]. Japan - The demand for IT services in Japan is robust, driven by the need to replace legacy systems and improve productivity [3][12]. - Major players like Fujitsu and NEC are well-positioned to benefit from this demand, with forecasts indicating significant profit growth [13][14]. - The financial and public sectors are consistently investing in digital transformation, which is expected to continue [16]. United States - US IT services providers are experiencing muted performance due to uncertainty in IT budgets, with some sectors showing resilience [4][17]. - Companies are reporting stable demand in Financial Services, but there are headwinds in Healthcare and Manufacturing [19]. - Management teams are indicating some signs of demand stabilization, particularly in select verticals [17][20].
花旗:数字货币-极具吸引力且表现强劲的主题
花旗· 2025-07-11 01:05
CITI'S TAKE Using the Citi Global Theme Machine, we analyse the dynamic attractiveness of 93 global themes mapped across nearly 5000 listed companies by 200+ Citi Fundamental Analysts. Last month we undertook our annual theme review and stock remapping in order to update the model: Global Theme Machine: Remapping Themes for 2025. If interested in the full dataset, please contact us – we will be very happy to discuss the data in greater depth. More details regarding the latest annual rebalance including Them ...
Gen to Announce Fiscal 2026 First Quarter Results on August 7, 2025
Prnewswire· 2025-07-10 20:05
TEMPE, Ariz. and PRAGUE, July 10, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2026 first quarter financial results will be released Thursday, August 7, 2025, after market close. Following the press release, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET.Fiscal 2026 Q1 Earnings CallAugust 7, 20252 p.m. PT / 5 p.m. ETConference call dial-in and live webcast link available on Investor.GenDigital.com About GenGen (NASDAQ: GEN) is a global ...
UFC GYM Selects MMA.INC's BJJLink.com Software as the Technology Engine to Power its Global Brazilian Jiu Jitsu (BJJ) Franchise Growth
Globenewswire· 2025-07-10 20:05
Highlights Landmark multi-year agreement strengthens UFC GYM and MMA.INC alliance, supporting the global rollout of 45 new gyms in 2025 and accelerating the expansion of UFC GYM’s high-growth BJJ program—powered by MMA.INC’s category-leading software.BJJLink.com is the definitive all-in-one operating system for martial arts-first businesses—optimizing member management, driving revenue growth, and unlocking scalable monetization for franchisees.Builds on MMA.INC and UFC GYM’s broader strategic partnership t ...
Microsoft set to join Nvidia in $4T club this summer
Proactiveinvestors NA· 2025-07-10 17:23
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Visa in a Wallet-Driven World: Can It Stay Indispensable?
ZACKS· 2025-07-10 16:36
Key Takeaways Visa's processed transactions rose 9% in Q2 FY25 as it deepens digital wallet integration. V is expanding crypto efforts with platform partnerships and blockchain-based stablecoin trials. Visa leverages its broad acceptance network to remain vital amid shifts to real-time and digital payments.Long regarded as a pioneer in card-based payments, Visa Inc. (V) is currently navigating a market where smartphones are taking over, and physical wallets are becoming less common. Customers are adopting ...
X @Cointelegraph
Cointelegraph· 2025-07-10 15:47
🎙️ INSIGHT: Crypto isn’t just code, it’s a battleground for digital rights.@valkenburgh of @coincenter breaks down the legal fights shaping its future.Hosted by @NathanOnCrypto of Starkware. https://t.co/tS4B2WQSLr ...