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HIVE Digital Technologies hits 15 EH/s Bitcoin mining capacity, targets 18 EH/s by end of summer

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Manage episode 499667833 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce the company has exceeded 15 EH/s of Bitcoin mining capacity, with Phase 2 of the Yguazú project in Paraguay on track for completion before the end of summer 2025, targeting 18 EH/s. In July, HIVE mined 203 Bitcoin, a 24% month-over-month increase driven by accelerated Phase 2 deployment. So far in August, the company has averaged 7.5 Bitcoin per day. Since fiscal year-end March 31, 2025—when Bitcoin revenue totaled $105 million—the company’s annualized Bitcoin mining ARR has more than tripled to $315 million. Revenue per share has also risen 65% year-to-date, from $0.83 to $1.37. Beyond operations, HIVE is expanding its community impact in Paraguay, creating over 300 local jobs, improving street lighting, upgrading school electricity, and supporting the local soccer team. Holmes also highlighted Paraguay’s historic ties to the U.S., noting President Rutherford B. Hayes’s role in preserving Paraguayan territory after the War of the Triple Alliance—a legacy that makes Paraguay a welcoming home for American investment. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BuzzHPC #AIInfrastructure #NvidiaH200 #QuebecDataCenter #SustainableTech #GPUCluster #TorontoTech #AITraining #HiveDigital #LiquidCooling
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609 episodes

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Manage episode 499667833 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce the company has exceeded 15 EH/s of Bitcoin mining capacity, with Phase 2 of the Yguazú project in Paraguay on track for completion before the end of summer 2025, targeting 18 EH/s. In July, HIVE mined 203 Bitcoin, a 24% month-over-month increase driven by accelerated Phase 2 deployment. So far in August, the company has averaged 7.5 Bitcoin per day. Since fiscal year-end March 31, 2025—when Bitcoin revenue totaled $105 million—the company’s annualized Bitcoin mining ARR has more than tripled to $315 million. Revenue per share has also risen 65% year-to-date, from $0.83 to $1.37. Beyond operations, HIVE is expanding its community impact in Paraguay, creating over 300 local jobs, improving street lighting, upgrading school electricity, and supporting the local soccer team. Holmes also highlighted Paraguay’s historic ties to the U.S., noting President Rutherford B. Hayes’s role in preserving Paraguayan territory after the War of the Triple Alliance—a legacy that makes Paraguay a welcoming home for American investment. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BuzzHPC #AIInfrastructure #NvidiaH200 #QuebecDataCenter #SustainableTech #GPUCluster #TorontoTech #AITraining #HiveDigital #LiquidCooling
  continue reading

609 episodes

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