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HIVE Digital Technologies (HIVE) Surges 25.2%: Is This an Indication of Further Gains?
ZACKS· 2025-10-07 19:16
HIVE Digital Technologies (HIVE) shares rallied 25.2% in the last trading session to close at $5.57. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 67.3% gain over the past four weeks.HIVE stock witnessed a price rise, which might be the result of of strong September 2025 production results, wherein it produced 267 BTC—an 8% monthly and 138% yearly increase—at an average rate of 9 BTC/day and 19.4 EH/s hashr ...
Hive scales hashrate to 21 EH/s with Paraguay expansion
Yahoo Finance· 2025-10-07 00:24
HIVE Digital Technologies (Nasdaq: HIVE) announced a substantial increase in Bitcoin output for September 2025, producing 267 BTC, an 8% month-over-month increase from August and 138% year-over-year growth. The Canadian public Bitcoin miner currently makes an average of 9 BTC every day. Its worldwide fleet now has more than 21 exahash per second (EH/s) and is powered exclusively by renewable hydroelectric power at its sites in Canada, Sweden, and Paraguay. The company claims that a lot of its recent outpu ...
This Crypto and AI Stock Just Got a Massive New Street-High Price Target That Implies Shares Could Double in the Next Year
Yahoo Finance· 2025-10-06 14:20
With IREN Limited (IREN) executing a bold transformation, its identity is swiftly shifting from a pure-play crypto miner into a serious contender in artificial intelligence (AI) infrastructure. Amid this, in a stunning vote of confidence, Roth/MKM recently catapulted its price target for IREN stock from $35 to $82. That price target leap suggests the stock could nearly double. With IREN rapidly advancing from crypto mining into high-powered AI cloud operations, and already accelerating GPU deployments, th ...
Bernstein Maintains Bullish Stance on IREN Limited (NASDAQ:IREN) Stock
Yahoo Finance· 2025-09-30 19:29
IREN Limited (NASDAQ:IREN) is one of the Best WallStreetBets Stocks to Invest In. On September 24, Bernstein analyst Gautam Chhugani maintained a bullish stance on the company’s stock, giving a “Buy” rating and increasing the price objective to $75 from the prior target of $20. The analyst’s rating is backed by a combination of factors demonstrating IREN Limited (NASDAQ:IREN)’s strategic advancements and growth potential. As per the analyst, the company is distinguishing itself among Bitcoin miners as it i ...
Why Iren Stock Skyrocketed Almost 10% Today
The Motley Fool· 2025-09-29 22:17
Yet another prognosticator tracking the company feels it's a heck of a bargain.Over the past few stock market trading sessions, investors have become progressively more bullish on the future of crypto miner and data center company Iren (IREN 9.33%). At least some of this improving sentiment has to do with positive analyst takes; sure enough, on Monday, a pundit's monster price target increase helped lead another bull run on the shares. When the dust cleared, Iren's stock had gained almost 10% in value, a ra ...
Bernstein Maintains a Buy on Core Scientific (CORZ), Sets a $17 PT
Yahoo Finance· 2025-09-27 04:58
Core Scientific, Inc. (NASDAQ:CORZ) is one of the best stocks to invest in right now. In a report released on September 15, Gautam Chhugani from Bernstein maintained a Buy rating on Core Scientific, Inc. (NASDAQ:CORZ) and set a price target of $17.00. Why Is Core Scientific Inc (CORZ) Plunging In 2025? Core Scientific, Inc. (NASDAQ:CORZ) reported total revenue of $78.6 million in fiscal Q2 2025 compared to $141.1 million in the same quarter last year. Adjusted EBITDA for the quarter reached $21.5 millio ...
TeraWulf Stock Reacts to $3B Morgan Stanley Deal, Google Commits $3.2B to Data Center Expansion
Yahoo Finance· 2025-09-26 09:12
Core Insights - TeraWulf plans to raise approximately $3 billion through a debt offering to finance its transition from crypto mining to AI infrastructure [1][8] - Google is expected to backstop the deal, which is being coordinated by Morgan Stanley, but uncertainty around the terms has led to stock price volatility [2][4] - TeraWulf's stock has experienced significant volatility, with a Beta coefficient ranging from 3.36 to 4.267, reflecting market nervousness about its strategy [6][8] Financial Strategy - The company aims to raise $3 billion through high-yield bonds or leveraged loans, with the deal potentially closing as early as October [4][8] - Google's involvement includes a $3.2 billion backstop on data center lease obligations, providing some stability to TeraWulf's financial position [3][8] - Credit rating firms are reportedly considering grading the TeraWulf transaction between BB and CCC, indicating a high-risk profile [5] Business Model Transition - TeraWulf is shifting to a dual business model that combines Bitcoin mining with AI infrastructure hosting, reflecting a significant change in its operational focus [7][8] - The transition involves high capital expenditures and poses risks such as delays, cost overruns, and technical difficulties in a competitive market [7][8] - Effective resource management between the cash-generative Bitcoin mining and the capital-intensive AI hosting is crucial for the company's success [9]
IREN Stock Gains 510%—Is More Upside Possible?
Benzinga· 2025-09-24 17:52
IREN Limited IREN shares have skyrocketed an extraordinary 510% over the past six months, prompting investors to ask whether there is still more upside ahead. IREN stock is rallying. See the real-time price action here. IREN's Dual-Engine Business Model IREN's massive rally has been fueled by its dual-engine business model: Bitcoin BTC/USD mining operations and a rapid expansion into AI cloud infrastructure. The company mined 1,825 bitcoins in the most recent quarter, supporting a near 30% sequential revenu ...
HIVE Digital stock higher on Bitcoin mining milestone
Proactiveinvestors NA· 2025-09-24 14:58
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
HIVE Digital Technologies Reaches 2% of Global Bitcoin Network, Mining 9 BTC Daily and Surpassing 20 EH/s
Newsfile· 2025-09-24 05:00
Core Insights - HIVE Digital Technologies has achieved a significant milestone by surpassing 20 EH/s of global Bitcoin mining capacity, representing approximately 2% of the Bitcoin network [2][3][12] - The company is currently mining 9 BTC daily with a year-to-date hashrate increase of approximately 233% [3][4] - HIVE's Phase 3 facility in Paraguay is powered by renewable hydroelectric energy, reinforcing its commitment to sustainable Bitcoin mining [3][4] Mining Capacity and Efficiency - HIVE's global fleet efficiency stands at 18 Joules per Terahash (J/TH), achieving a mining margin of 55% after electricity costs [3][4] - The company anticipates reaching daily Bitcoin production of approximately 12 BTC upon completion of Phase 3, with an expected efficiency of around 17.5 J/TH [5] Operational Developments - The construction of Phase 3 is substantially complete, with installations progressing ahead of schedule [4][13] - HIVE aims to reach a target of 25 EH/s by U.S. Thanksgiving, indicating strong operational momentum [4][12] Management and Community Engagement - HIVE's management emphasizes the importance of combining technological innovation with social responsibility, particularly in supporting educational initiatives in local communities [9][10] - The company has hired 40 young engineers to enhance operational management across its facilities [8] Financial and Market Position - HIVE's current position in the Bitcoin mining infrastructure is significant, with the market capitalization of Bitcoin exceeding $2 trillion [12] - The company is focused on maintaining low-cost operations and maximizing shareholder value through disciplined growth strategies [12]