Expansion And StrategyThe acquisition of a 7.2 MW data center in Toronto is expected to significantly boost HIVE's HPC/AI business, with potential for $80M in incremental annualized revenues.
Financial PerformanceHIVE reported better-than-expected F1Q26 results, with total revenues of $45.6M, ahead of consensus estimates at $43.9M, and up 46% quarter over quarter.
ValuationHIVE is significantly undervalued in the market, with a growing disconnect between its current valuation and the underlying business fundamentals.