Hive Digital Technologies Ltd. ( (HIVE) ) has released its Q4 earnings. Here is a breakdown of the information Hive Digital Technologies Ltd. presented to its investors.
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HIVE Digital Technologies Ltd. is a global leader in sustainable data center infrastructure, specializing in blockchain and AI infrastructure powered by renewable hydroelectric energy, with operations in Canada, Sweden, and Paraguay.
HIVE Digital Technologies Ltd. reported its financial results for the fiscal year ending March 31, 2025, highlighting a total revenue of $115.3 million and an adjusted EBITDA of $56.2 million. The company mined 1,414 Bitcoin and achieved significant growth in its AI GPU revenue, marking a transformative year for its operations.
Key financial metrics included a digital currency mining revenue of $105.2 million, despite a 5.2% year-over-year decline due to increased hash rate difficulty. The company reported a 3x growth in HPC/AI cloud revenue to $10.1 million, driven by strong demand for high-performance computing. HIVE expanded its operational hashrate by 40% and acquired 300 MW of hydro-powered green-energy sites in Paraguay, aiming to scale its Bitcoin mining business to 25 EH/s by the end of 2025.
Despite a net loss of $3.0 million, HIVE’s management remains optimistic about future growth, focusing on expanding its infrastructure and maintaining a green energy strategy. The company aims to enhance shareholder value through disciplined growth and efficient operations, with a target to significantly increase its hashrate and cash flow in the coming months.