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RETRANSMISSION: HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion Progresses
Newsfile· 2025-07-11 10:00
RETRANSMISSION: HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion ProgressesJuly 11, 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, Texas--(Newsfile Corp. - July 11, 2025) - HIVE Digita ...
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]
RETRANSMISSION: HIVE Digital Technologies Surges 18% in Monthly Bitcoin Production as Phase 2 Paraguay Expansion Launches; On Track for 25 EH/s and 12 BTC Per Day Run Rate by Year-End
Newsfile· 2025-07-08 10:00
RETRANSMISSION: HIVE Digital Technologies Surges 18% in Monthly Bitcoin Production as Phase 2 Paraguay Expansion Launches; On Track for 25 EH/s and 12 BTC Per Day Run Rate by Year-EndJuly 08, 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, Texas--(Newsfile ...
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 Thanksgiving
Newsfile· 2025-06-20 10:00
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 ...
HIVE Digital Technologies Achieves 58% Peak Hashrate Growth in One Month, Surpasses 10 EH/s in May 2025, and Remains on Track to Reach 25 EH/s by Year-End
Newsfile· 2025-06-06 05:33
HIVE Digital Technologies Achieves 58% Peak Hashrate Growth in One Month, Surpasses 10 EH/s in May 2025, and Remains on Track to Reach 25 EH/s by Year-EndJune 06, 2025 1:34 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, Texas--(Newsfile Corp. - June 6, 2025) - HIVE ...
AgriFORCE (NASDAQ: AGRI )Emerges from Bitcoin 2025 with Expanded Industry Relationships and Clear Path to Infrastructure Leadership
Globenewswire· 2025-05-30 17:00
Three Days of Collaboration Reinforce AgriFORCE’s Role in Grid-Efficient Mining and Digital Energy Futures Vancouver, British Columbia and West Palm Beach, FL, May 30, 2025 (GLOBE NEWSWIRE) -- Following an impactful presence at Bitcoin 2025, AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (NASDAQ: AGRI) is pleased to share key takeaways, strategic insights, and next steps in its mission to accelerate sustainable digital infrastructure development. Key Takeaways from Bitcoin 2025 Strengthened E ...
Newmark Facilitates $7.1 Billion Construction Loan to Develop AI Data Center
Prnewswire· 2025-05-22 17:10
NEW YORK, May 22, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company arranged a $7.1 billion construction loan for Blue Owl Capital, Inc., Crusoe and Primary Digital Infrastructure. The loan, provided by a consortium led by J.P. Morgan, will fund the second phase of a $15 billion joint venture to fund a 1 ...
HIVE Digital Technologies Accelerates Growth in Paraguay, Surpasses 7 EH/s, Achieves 10% Global Growth in Hashrate, and Reports April 2025 Production of 102 Bitcoin
Newsfile· 2025-05-09 05:00
HIVE Digital Technologies Accelerates Growth in Paraguay, Surpasses 7 EH/s, Achieves 10% Global Growth in Hashrate, and Reports April 2025 Production of 102 BitcoinMay 09, 2025 1:00 AM EDT | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - May 9, 2025) - HIVE Digital Te ...