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HIVE Digital Technologies ( (TSE:HIVE) ) has issued an announcement.
On August 15, 2025, HIVE Digital Technologies announced record financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company reported a revenue of $45.6 million, driven by a 45% increase in hashrate and strong performance in Bitcoin mining and HPC operations. HIVE mined 406 Bitcoin, marking a 34% increase from the previous quarter, and achieved a net income of $35 million. The company continues to expand its operations, aiming to reach 25 EH/s by Thanksgiving, and is advancing its BUZZ HPC business with strategic acquisitions and developments in Canada.
The most recent analyst rating on (TSE:HIVE) stock is a Buy with a C$7.50 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’ overall score reflects financial challenges with declining revenues and negative profitability. However, positive technical indicators and strategic expansions in Bitcoin mining and AI infrastructure provide growth potential. The valuation remains a concern due to negative earnings, but recent corporate events and strategic initiatives offer a positive outlook.
To see Spark’s full report on TSE:HIVE stock, click here.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd., founded in 2017, is a global leader in sustainable data center infrastructure, focusing on digital currency mining and high-performance computing (HPC) hosting services. The company is known for its significant contributions to the Bitcoin and data center ecosystems, operating across multiple countries and time zones.
Average Trading Volume: 1,212,280
Technical Sentiment Signal: Sell
Current Market Cap: C$666.5M
See more data about HIVE stock on TipRanks’ Stock Analysis page.
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