Record Exahash Growth
HIVE Digital Technologies achieved significant growth in its hash rate, surpassing 11 exahash, up from less than 4 exahash a year ago. The company plans to reach 25 exahash by Thanksgiving 2025.
HPC Business Expansion
HIVE's high-performance computing (HPC) business doubled its run rate in the past 6 months and is expected to double again. The company acquired a 7.2-megawatt data center in Toronto to support this growth.
Strong Financial Performance
The company reported $115 million in revenue for fiscal year 2025, with $56 million in adjusted EBITDA.
Positive Bitcoin Market Outlook
HIVE projects significant revenue growth with Bitcoin prices potentially reaching $150,000, leading to $700 million in annualized revenue.
Strategic Leadership and Partnerships
HIVE expanded its leadership team with key hires and formed strategic partnerships in Paraguay, leveraging green energy for its operations.
Community Engagement and Social Impact
The company has been active in community projects, including electrifying schools and lighting up streets in Valenzuela, Paraguay.