HIVE Digital Technologies Ltd Stock Price, News & Analysis

BUZZ HPC, a subsidiary of HIVE Digital Technologies (NASDAQ: HIVE), has acquired a 7.2-megawatt data centre site in the Greater Toronto Area. The facility will be developed into a Tier III+ data centre specifically designed for AI workloads, offering colocation services and accelerated compute clusters for AI development.

The strategic acquisition supports BUZZ HPC's partnership with Bell Canada and its Bell AI Fabric ecosystem. The facility will utilize Ontario's clean electricity grid and implement liquid-cooling systems supporting GPU racks of 150 kW and higher. This infrastructure ensures data sovereignty, keeping sensitive information within Canada under Canadian jurisdiction while supporting the country's growing AI ecosystem.

HIVE Digital Technologies (NASDAQ: HIVE) has acquired a 7.2 MW data center in Toronto through its subsidiary BUZZ High Performance Computing. The acquisition, valued at CAD$17.25 million, was completed through a combination of CAD$12 million cash payment and 1 million common shares at CAD$5.25 per share.

The facility will be upgraded from Tier 1 to Tier 3 standards to support BUZZ's expansion in AI and HPC services. This strategic move aligns with HIVE's dual-growth strategy, which includes Bitcoin mining operations currently at 18 EH/s with plans to reach 25 EH/s by end of 2025. The acquisition complements BUZZ's existing partnership with Bell Canada and strengthens HIVE's position in the Canadian digital infrastructure market.

HIVE Digital Technologies (NASDAQ: HIVE) reported significant growth in its Bitcoin mining operations for August 2025, with 247 BTC produced, marking a 22% increase from July's 203 BTC. The company achieved an average hashrate of 16.3 EH/s, peaking at 18.1 EH/s.

HIVE's Phase 3 Valenzuela expansion is substantially complete, with the first six Bitmain S21+ Hydro containers now online, bringing the global fleet to 18.5 EH/s. The company aims to reach 25 EH/s by U.S. Thanksgiving 2025, which would represent 2.5-3% of the global Bitcoin mining network. Upon completion, HIVE expects daily Bitcoin production to reach approximately 12 BTC.

The expansion in Paraguay leverages renewable hydroelectric energy, with the company having scaled capacity by 200% since early 2025. The Phase 3 ASICs are fully funded, with additional units scheduled for delivery.

HIVE Digital Technologies (NASDAQ: HIVE) reported significant growth in its Bitcoin mining operations for August 2025, with 247 BTC produced, marking a 22% increase from July's 203 BTC. The company achieved an average hashrate of 16.3 EH/s, peaking at 18.1 EH/s.

HIVE's Phase 3 Valenzuela expansion is substantially complete, with the first six Bitmain S21+ Hydro containers now online, bringing global fleet capacity to 18.5 EH/s. The company aims to reach 25 EH/s by U.S. Thanksgiving 2025, which would represent 2.5-3% of the global Bitcoin mining network. Upon completion, HIVE expects daily Bitcoin production to reach approximately 12 BTC.

The expansion in Paraguay leverages renewable hydroelectric energy, with the Phase 3 site adding 100 MW of green energy infrastructure. The company maintains efficient operations with a fleet efficiency of ~18.5 J/TH.

HIVE Digital Technologies (NASDAQ: HIVE) has successfully completed Phase 2 of its Yguazú Project in Paraguay, achieving 18 EH/s of global Bitcoin mining capacity. The company is currently producing over 8.5 Bitcoin per day using renewable hydroelectric energy from the Itaipú Dam.

The company has energized transformers for Phase 3 at the Valenzuela site, representing the third 100 MW of green energy infrastructure in Paraguay. Upon completion by U.S. Thanksgiving, HIVE projects daily Bitcoin production of approximately 12 BTC, expecting to comprise about 3% of the global Bitcoin mining network with an energy efficiency of 17.5 J/TH.

HIVE operates a dual business model combining Bitcoin mining and AI Cloud computing powered by GPUs in HPC data centers. All Phase 3 ASICs for Valenzuela have been paid for and shipped, with installation beginning next week.

HIVE Digital Technologies (NASDAQ: HIVE) has achieved a significant milestone by completing Phase 2 of its Yguazú Project in Paraguay, reaching 18 EH/s of global Bitcoin mining capacity and producing over 8.5 Bitcoin per day. The company's Paraguay operations are powered by renewable hydroelectric energy from the Itaipú Dam.

The company has successfully completed its 200 MW facility in Yguazú with a global fleet efficiency of approximately 18.5 J/TH. Additionally, Phase 3 at the Valenzuela site has been energized, marking the third 100 MW of green energy infrastructure in Paraguay. Upon completion by U.S. Thanksgiving, HIVE projects daily Bitcoin production to reach 12 BTC, representing approximately 3% of the global Bitcoin mining network.

HIVE Digital Technologies (NASDAQ: HIVE) has achieved a significant milestone by surpassing 16 EH/s of global Bitcoin mining hashrate, with daily Bitcoin production exceeding 8 BTC, double its May 2025 output. The company is progressing toward its 25 EH/s target by U.S. Thanksgiving.

HIVE's expansion in Paraguay includes over 5 EH/s of next-generation Bitmain S21+ Hydro miners already operational in Phase 2 at Yguazú. The company expects to reach 18 EH/s in the coming weeks, with Phase 3 deployment at Valenzuela starting in September. At 25 EH/s, HIVE projects daily Bitcoin production of 12 BTC, representing nearly 3% of global supply at current network difficulty.

With Bitcoin price at $113,000 and network difficulty at 129T, HIVE's mining margin after electrical costs would be approximately 60%, operating at a fleet efficiency of 18.4 J/TH.

HIVE Digital Technologies (NASDAQ: HIVE) has achieved a significant milestone by surpassing 16 EH/s of global Bitcoin mining hashrate, marking substantial progress toward its target of 25 EH/s by U.S. Thanksgiving. The company has doubled its daily Bitcoin production to over 8 BTC since May 2025.

HIVE's expansion in Paraguay includes over 5 EH/s of next-generation Bitmain S21+ Hydro miners already operational in Phase 2 at Yguazú. The company expects to reach 18 EH/s in the coming weeks, with Phase 3 deployment at Valenzuela beginning in September. At 25 EH/s, HIVE projects daily Bitcoin production of 12 BTC, representing nearly 3% of global supply at current network difficulty.

With Bitcoin price at $113,000 and network difficulty at 129T, HIVE's mining margin after electrical costs would be approximately 60%, operating at a fleet efficiency of 18.4 J/TH.

BUZZ High Performance Computing, a subsidiary of HIVE Digital Technologies (NASDAQ: HIVE), has partnered with Bell Canada to establish one of Canada's largest sovereign AI ecosystems through Bell AI Fabric. The partnership will provide access to NVIDIA GPU clusters for AI, machine learning, and scientific computing.

The collaboration will begin with a 5 MW deployment in Manitoba, featuring NVIDIA Ampere, Hopper, and Blackwell GPU clusters integrated with Bell's advanced fiber network and data centers. The infrastructure will expand across multiple provinces, ensuring nationwide access to high-performance computing while maintaining data sovereignty and security compliance.

The partnership aims to enhance Canada's AI capabilities by providing secure, scalable computing resources for government and enterprise customers, with infrastructure entirely housed in Canadian-owned facilities.