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 [3][4] - The company has also surpassed a $250 million annualized run rate revenue, indicating strong operational performance [3][7] Expansion and Infrastructure Development - HIVE is rapidly constructing three hydro-powered data center campuses in Yguazú, Paraguay, aiming to establish the region as a hub for Bitcoin innovation and renewable infrastructure [4][8] - The Phase 2 expansion at the Yguazú site is progressing well, with an expected full deployment of 6.5 EH/s by late August 2025 and a target of 18 EH/s by the end of summer [5][6] Financial Performance and Projections - The company is currently mining over 6 BTC daily, with a mining margin of approximately 55%, and anticipates reaching around $400 million in annual run rate revenue once it hits 18 EH/s [7] - HIVE's operational efficiency is expected to improve, with a projected global average fleet efficiency of 18.5 J/TH and mining margins approaching 60% after accounting for electrical costs [7] Community Impact and Recognition - HIVE's development in Paraguay is being recognized as a model for infrastructure execution, creating hundreds of local jobs and enhancing regional infrastructure [8][10] - The company is committed to delivering social impact, including initiatives like lighting local streets and improving educational facilities [10]

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]

Core Viewpoint - HIVE Digital Technologies has reported an 18% increase in Bitcoin production in June 2025, reaching a total of 164 Bitcoin, as part of its aggressive expansion strategy in Paraguay, aiming for a production target of 12 Bitcoin per day by year-end [2][4]. Group 1: Production and Expansion - The company achieved an 18% increase in Bitcoin production in June compared to May 2025, driven by the success of its 100 MW Phase 1 in Paraguay [2]. - HIVE is on track to reach a hashrate of 25 EH/s by American Thanksgiving, having delivered 11.4 EH/s in June, nearly doubling its hashrate since March [3]. - The launch of Phase 2 at the hydro-powered Yguazú facility in Paraguay is expected to significantly enhance production capacity, with 0.4 EH/s already operational [4]. Group 2: Financial Position and Growth Strategy - The company issued 38,109,822 common shares for gross proceeds of C$96.7 million (approximately $70.0 million) as part of its at-the-market offering, which will be used to fund growth in ASIC and GPU infrastructure [9][10]. - HIVE's average daily Bitcoin production in June was 5.5 BTC, with an average hashrate of 11.0 EH/s [5]. - The company has granted 2,809,000 Restricted Share Units (RSUs) to align long-term incentives across the organization, reflecting its commitment to rewarding its team [6][7]. Group 3: AI Infrastructure Development - HIVE's subsidiary, BUZZ High Performance Computing, is expanding its AI infrastructure, having signed a purchase agreement for a 7.2 MW Tier 3 data center in Toronto, Canada [8]. - This acquisition positions BUZZ HPC to become a key player in Canada's AI infrastructure, supporting up to 5,000 next-gen GPUs [9].

Core Viewpoint - HIVE Digital Technologies has reported an 18% increase in Bitcoin production in June 2025, driven by the launch of its Phase 2 expansion in Paraguay, aiming for a production target of 12 Bitcoin per day by year-end [2][4][5]. Production and Expansion - The company mined 164 Bitcoin in June 2025, compared to 139 Bitcoin in May 2025, achieving an average daily production of 5.5 Bitcoin [5]. - HIVE's hashrate reached an average of 11.0 EH/s in June, with a peak of 11.4 EH/s, nearly doubling since March [5]. - The launch of Phase 2 in Paraguay is expected to contribute an additional 6.5 EH/s, enhancing the company's total hashrate to 25 EH/s by American Thanksgiving [3][4]. Financial Position - HIVE issued 38,109,822 common shares for gross proceeds of C$96.7 million (approximately $70.0 million) as part of its October 2024 ATM Equity Program [9][10]. - The proceeds will be utilized for growth in ASIC and GPU infrastructure, data center expansions, and working capital needs [10]. Strategic Initiatives - HIVE has granted 2,809,000 Restricted Share Units (RSUs) to employees to align long-term incentives and foster a culture of ownership [6][7]. - The company is also expanding its AI infrastructure through its subsidiary BUZZ HPC, with a new 7.2 MW data center in Toronto to support AI compute [8][9].

RETRANSMISSION: HIVE Digital Technologies Surpasses 11 EH/s Bitcoin Hashrate Milestone as 100 MW Phase 1 in Paraguay Completed Ahead of Schedule - Company on Track to Reach 25 EH/s by ThanksgivingJune 20, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texa ...

Core Insights - HIVE Digital Technologies has achieved a significant operational milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining capacity, increasing from 6 EH/s at the end of March 2025 [3][4] - The company reported a 58% month-over-month growth in peak hashrate, rising from 6.6 EH/s in April to 10.4 EH/s in May 2025 [3][4] - HIVE is on track to reach a target of 25 EH/s by the end of Q4 2025, with expectations to produce over 12 BTC per day at that capacity [5][6] Operational Highlights - The rapid scaling of HIVE's operations was primarily driven by the energization of a 100 MW hydro-powered facility in Paraguay [4] - The company operates globally across 9 time zones and 5 languages, utilizing 100% hydroelectric power for its Bitcoin mining and AI data centers [5] - HIVE's daily Bitcoin production has increased to over 5 BTC, with a target of 8 BTC per day as the fleet aims for 18 EH/s this summer [6][8] Financial Performance - In May 2025, HIVE mined a total of 139 BTC, averaging 4.5 BTC per day [8] - The mining efficiency averaged 8.5 EH/s in May, with a peak of 10.4 EH/s [8] - The production per EH/s was recorded at 16.4 BTC, with fleet efficiency maintained at approximately 20 J/TH [8]

Core Insights - HIVE Digital Technologies has achieved a significant operational milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining capacity, marking a 58% increase in peak hashrate from April to May 2025 [2][4] - The company is on track to reach a target of 25 EH/s by the end of 2025, with expectations to produce over 12 BTC per day at that capacity [5][4] Operational Performance - The peak hashrate increased from 6.6 EH/s in April to 10.4 EH/s in May, driven by the energization of a 100 MW hydro-powered facility in Paraguay [2][3] - HIVE's daily Bitcoin production has risen to over 5 BTC, with a target of 8 BTC per day as the fleet aims for 18 EH/s this summer [5] Efficiency Metrics - In May 2025, HIVE mined a total of 139 BTC, averaging 4.5 BTC per day, with a mining efficiency of 8.5 EH/s [7] - The production per EH/s was recorded at 16.4 BTC, and fleet efficiency was maintained at approximately 20 J/TH [7] Strategic Positioning - HIVE operates globally across 9 time zones and 5 languages, utilizing 100% hydroelectric power for sustainable computing in both Bitcoin mining and AI data centers [4] - The company emphasizes its dual-engine model, integrating high-efficiency Bitcoin mining with its Buzz HPC cloud division, which is generating record cash flow [5]

Core Insights - AgriFORCE is enhancing its role in sustainable digital infrastructure development through strategic partnerships and initiatives highlighted at Bitcoin 2025 [1][2][6] Group 1: Strategic Partnerships - AgriFORCE deepened relationships with utility operators, data center OEMs, and energy-integrated hosting platforms, initiating co-development dialogues with North American natural gas aggregators and load-balancing software providers [2] - The new synergies are expected to facilitate the deployment of TerraHash Digital sites across underutilized energy corridors [2] Group 2: Investor Engagement - Institutional interest was significant, with positive feedback received from hedge funds and digital asset infrastructure allocators regarding AgriFORCE's hybrid infrastructure-token model [3] - Follow-up discussions are scheduled with investors interested in sustainable compute yields and inflation-hedged hard asset exposure [3] Group 3: Media Coverage and Thought Leadership - AgriFORCE and CEO Jolie Kahn received media attention during the event, participating in panels and interviews that emphasized the company's dual role in regenerative energy systems and high-efficiency computing [4] - Influencers on platforms like YouTube and X amplified the company's message about the intersection of agricultural innovation and decentralized infrastructure [4] Group 4: Commitment to Sustainability - AgriFORCE reaffirmed its commitment to diversity in energy tech and participated in the "Women in Bitcoin" initiative, promoting inclusive leadership in digital infrastructure [5] - The company is scaling initiatives that connect grid optimization with sustainable land and food systems [5] Group 5: Future Plans - AgriFORCE is fast-tracking two pilot deployments in Q3 2025, one in Alberta and another in the U.S. Southeast, focusing on dual-output capabilities [6] - The company is also upgrading its token economics and aligning with Solana for scalable validator integration [6] Group 6: Upcoming Engagements - AgriFORCE plans to maintain momentum through participation in the North American Blockchain Summit and a targeted investor roadshow in New York, Toronto, and Dubai [7] - These efforts aim to increase global awareness and attract capital to its infrastructure pipeline [7] Group 7: Stakeholder Engagement - AgriFORCE invites stakeholders, utilities, tech partners, and investors to schedule briefings to explore partnership opportunities and joint ventures [8]

Core Insights - Newmark Group, Inc. has arranged a $7.1 billion construction loan for Blue Owl Capital, Inc., Crusoe, and Primary Digital Infrastructure to fund the second phase of a $15 billion joint venture for a 1.2-gigawatt AI data center in Abilene, Texas [1][3] Group 1: Transaction Details - The loan is provided by a consortium led by J.P. Morgan and will support the construction of six new buildings, expanding the data center to a total of eight buildings upon completion [1][3] - The first phase of construction, which includes two buildings and over 200 megawatts, began in June 2024 and is expected to be energized in the first half of 2025 [3] - The second phase, consisting of six additional buildings and a total of 1.2 gigawatts, commenced in March 2025 and is anticipated to be energized by mid-2026 [3] Group 2: Company Roles and Statements - Newmark's Co-President of Global Debt & Structured Finance, Jordan Roeschlaub, emphasized the significance of this transaction in advancing sustainable digital infrastructure [3] - Brent Mayo, Head of Data Center Capital Markets at Newmark, stated that this funding solution is crucial for delivering next-generation digital infrastructure to meet AI innovation demands [3] - Newmark also acted as a strategic advisor for the first phase, securing both equity and debt financing [4] Group 3: Company Profiles - Crusoe focuses on aligning computing with climate goals, providing scalable and environmentally friendly AI infrastructure solutions [5] - Blue Owl, with $273 billion in assets under management, offers private capital solutions across various investment platforms [7] - Primary Digital Infrastructure accelerates the growth of hyperscale and AI-driven data centers, providing flexible capital solutions to data center operators [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]