Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
HIVE Digital Technologies ( (TSE:HIVE) ) just unveiled an update.
HIVE Digital Technologies Ltd. announced a significant 22% increase in Bitcoin production for August 2025, reflecting strong operational capabilities and expansion efforts in Paraguay. The completion of Phase 2 of the Yguazú Project and the near-completion of the Phase 3 Valenzuela site have propelled HIVE’s global mining capacity to 18.5 EH/s, with expectations to reach 25 EH/s by U.S. Thanksgiving 2025. This expansion is expected to enhance HIVE’s position in the Bitcoin network and deliver substantial value to shareholders, as the company continues to focus on efficient and sustainable operations powered by renewable energy.
The most recent analyst rating on (TSE:HIVE) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.
Spark’s Take on TSE:HIVE Stock
According to Spark, TipRanks’ AI Analyst, TSE:HIVE is a Neutral.
HIVE Digital Technologies shows strong technical momentum and strategic growth in its HPC business, but faces significant challenges in profitability and valuation. The earnings call provided positive guidance, yet regulatory and operational risks remain.
To see Spark’s full report on TSE:HIVE stock, click here.
More about HIVE Digital Technologies
Founded in 2017, HIVE Digital Technologies Ltd. is a diversified multinational digital infrastructure company that builds and operates sustainable blockchain and AI infrastructure data centers. These centers are powered exclusively by renewable hydroelectric energy, with a global presence in Canada, Sweden, and Paraguay. The company is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.
YTD Price Performance: -16.93%
Average Trading Volume: 1,422,232
Technical Sentiment Signal: Sell
Current Market Cap: C$847.4M
For a thorough assessment of HIVE stock, go to TipRanks’ Stock Analysis page.