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HIVE Digital Technologies
(HIVE)
HIVE Digital Technologies (HIVE) vs. iShares MSCI Canada ETF (EWC)
HIVE Digital Technologies Business Overview & Revenue Model
HIVE Digital Technologies Earnings Call Summary
HIVE Digital Technologies Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 194.66M | 115.28M | 114.47M | 106.32M | 211.26M | 88.34M |
| Gross Profit | 15.62M | -39.34M | 40.39M | -30.46M | 96.91M | 60.83M |
| EBITDA | 127.22M | 68.39M | 24.48M | -150.44M | 153.07M | 36.18M |
| Net Income | 20.63M | -3.00M | -51.20M | -236.42M | 79.62M | 24.14M |
Balance Sheet | ||||||
| Total Assets | 692.97M | 531.60M | 307.58M | 196.12M | 452.27M | 178.33M |
| Cash, Cash Equivalents and Short-Term Investments | 48.30M | 47.51M | 16.65M | 7.24M | 22.32M | 41.27M |
| Total Debt | 23.15M | 55.16M | 30.72M | 35.41M | 43.32M | 30.89M |
| Total Liabilities | 68.37M | 82.46M | 47.89M | 47.30M | 63.22M | 43.86M |
| Stockholders Equity | 624.60M | 449.14M | 259.69M | 148.82M | 389.05M | 134.47M |
Cash Flow | ||||||
| Free Cash Flow | -195.52M | -157.67M | -65.73M | 1.95M | -146.56M | -42.29M |
| Operating Cash Flow | 21.27M | 16.63M | 13.53M | 44.78M | 68.49M | 22.95M |
| Investing Cash Flow | -263.90M | -183.77M | -78.36M | -40.89M | -214.19M | -66.86M |
| Financing Cash Flow | 257.57M | 180.73M | 70.15M | -4.64M | 110.77M | 78.29M |
HIVE Digital Technologies Technical Analysis
HIVE Digital Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | C$68.92M | -13.39 | -6.67% | ― | ― | -90.34% | |
56 Neutral | C$123.28M | 324.14 | 0.60% | ― | -21.21% | -84.82% | |
56 Neutral | C$7.50B | 28.79 | 18.75% | ― | 7.46% | -4.30% | |
55 Neutral | $954.25M | -12.19 | -7.18% | ― | 60.71% | -52.29% | |
52 Neutral | C$86.46M | -2.96 | -90.12% | ― | 972.76% | -192.94% | |
46 Neutral | C$2.10B | -10.99 | -17.06% | ― | 51.69% | 28.00% |
HIVE Digital Technologies Corporate Events
HIVE Digital Technologies Ltd. has announced an equity distribution agreement to launch an ‘at-the-market’ equity program, allowing the company to sell up to US$300 million of its common shares. This strategic move is expected to enhance HIVE’s financial flexibility and support its growth initiatives in the sustainable data center infrastructure sector, potentially impacting its market position and stakeholder interests.
HIVE Digital Technologies reported a record revenue of $87.3 million for Q2 2025, marking a 285% year-over-year increase, driven by substantial growth in both Bitcoin mining and BUZZ HPC services. The company’s strategic expansion, including a rapid infrastructure build-out in Paraguay and advancements in AI and HPC capabilities, positions it for continued growth and leadership in the data infrastructure sector.
HIVE Digital Technologies, through its subsidiary BUZZ High Performance Computing, has announced a strategic collaboration with Dell Technologies to enhance its AI infrastructure. This expansion includes deploying a 63-node cluster of Dell PowerEdge servers, significantly boosting BUZZ’s AI Cloud capabilities. The initiative, part of a broader effort to position Canada as a leader in the global AI industry, is expected to increase BUZZ’s AI Cloud to over 11,000 GPUs by 2026, potentially generating an additional $120 million in annual revenue. This move underscores HIVE’s commitment to advancing AI technology and expanding its market presence.
HIVE Digital Technologies reported a significant increase in Bitcoin production for October 2025, achieving 289 BTC and surpassing 24 EH/s of global mining capacity. The company completed its 100 MW Phase 3 expansion in Paraguay ahead of schedule, contributing to its record production levels. HIVE is also transforming its Canadian operations by upgrading its data centers to Tier III+ AI and HPC facilities, positioning itself as a leading green-energy AI infrastructure developer in Canada. This strategic shift aims to enhance shareholder value and align with national innovation goals.
HIVE Digital Technologies Ltd. has announced the release of its financial results for the six months ending September 30, 2025, scheduled for November 14, 2025. The company will hold an earnings call on November 17, 2025, to discuss these results. This announcement is significant for stakeholders as it provides insights into the company’s financial health and operational progress, potentially impacting its market positioning and investor confidence.
HIVE Digital Technologies has achieved a significant milestone by reaching 23 Exahash per second in Bitcoin-mining capacity, marking a 283% growth year-to-date. The company has also acquired 32.5 acres of land in Grand Falls, New Brunswick, to develop Tier III+ HPC data centers, positioning itself as a key player in the AI super cycle. This expansion leverages HIVE’s renewable energy resources and aims to support over 30,000 GPUs, enhancing its capacity to meet the growing demand for AI-driven computing power. The strategic move is expected to bolster HIVE’s position in the AI industrial revolution, offering scalable and green-powered compute solutions.
HIVE Digital Technologies has achieved a significant milestone by surpassing 22 EH/s in Bitcoin mining capacity, marking a 267% growth year-to-date. The company is also accelerating the conversion of its Tier-1 data centers into Tier-3 high-performance computing facilities in Sweden, aiming to expand its AI cloud operations. This strategic move is expected to enhance cash flow generation and strengthen HIVE’s position as a dual-engine digital-power company, bridging blockchain and AI. The expansion is supported by renewable energy sources, ensuring sustainable growth and operational efficiency.
HIVE Digital Technologies announced a significant expansion in Paraguay with a new 100 MW hydroelectric-powered data center, increasing its total renewable capacity in the country to 400 MW. This development aims to boost HIVE’s global Bitcoin mining target to 35 EH/s by 2026, reinforcing its commitment to sustainable digital infrastructure. Additionally, HIVE plans to expand its high-performance computing and AI operations through strategic partnerships, notably with Bell Canada, to quintuple its HPC capacity by 2026. This expansion positions HIVE as a global leader at the intersection of blockchain and AI, enhancing its market positioning and stakeholder value.
HIVE Digital Technologies announced a significant increase in Bitcoin production for September 2025, achieving 267 BTC, an 8% rise from the previous month and a 138% increase year-over-year. The company is nearing completion of its Phase 3 Valenzuela facility, which is expected to enhance its operational capacity to 25 EH/s by U.S. Thanksgiving. HIVE’s strategic focus on renewable energy and efficient operations positions it strongly within the industry, with ongoing expansions in AI cloud capabilities and strategic partnerships broadening its market reach.
HIVE Digital Technologies has achieved a significant milestone by reaching 20 Exahash per second of Bitcoin mining capacity, representing 2% of the global Bitcoin network. This expansion, powered by green energy, highlights HIVE’s commitment to sustainable operations and positions it as a leader in the Bitcoin mining industry. The company anticipates further growth in its mining capacity and efficiency, aiming for 25 EH/s by U.S. Thanksgiving. Additionally, HIVE is dedicated to impact investing in community education, particularly in Paraguay, where it supports local schools and educational initiatives, reinforcing its mission to create a positive social impact alongside technological advancements.
BUZZ HPC has acquired a 7.2 MW data center site in Toronto to establish a Tier III+ facility for AI workloads, enhancing Canada’s sovereign AI infrastructure. This move, in collaboration with Bell Canada, aims to bolster Toronto’s AI ecosystem by providing scalable and secure data solutions, supporting economic growth and innovation in the AI sector.
HIVE Digital Technologies has completed the acquisition of a 7.2 MW data center in Toronto, Canada, through its subsidiary BUZZ High Performance Computing. This acquisition will upgrade the facility to Tier 3 standards, expanding BUZZ’s footprint in Canada and enhancing its capabilities in AI and HPC. The move aligns with HIVE’s strategy to transform former Bitcoin mining facilities into AI-ready infrastructure, strengthening its market position and partnership with Bell Canada. The acquisition, valued at CAD$17.25 million, underscores HIVE’s commitment to leading digital infrastructure transformation and meeting the growing demand for AI and enterprise cloud solutions.
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.