HIVE Digital Technologies

HIVE

Market cap $1.32B

Bitcoin, crypto prices fall amid liquidations, ETF outflows. Bitfarms announces $500 million offering, Hive sees price target doubled.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's record September results and continued growth following the recent Bitcoin halving. Holmes explained that Hive Digital produced 267 Bitcoin, up from 112 a year earlier, while Bitcoin's price doubled from around $60,000 to $120,000.

HIVE Digital Technologies (HIVE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Hive Digital Technologies (HIVE) leverages green energy for Bitcoin mining and AI cloud services, capitalizing on explosive trends in digital assets and artificial intelligence. Hive Digital's recent strategic expansions, including a 7.2MW Toronto data center and surpassing 20 EH/s, position HIVE for continued growth as Bitcoin prices surge. The high-performance computing (HPC) and AI market tailwinds, combined with favorable Bitcoin seasonality, support a bullish outlook and premium valuation for HIVE.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported an 8% month-over-month increase in Bitcoin production during September, as its Phase 3 Valenzuela site in Paraguay is nearing completion. The company said in a statement Monday that it produced 267 Bitcoin in September, up from 247 in August.

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024. San Antonio, Texas--(Newsfile Corp. - October 6, 2025) - HIVE Digital Technologies Ltd.

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024. San Antonio, Texas--(Newsfile Corp. - October 6, 2025) - HIVE Digital Technologies Ltd.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) CEO Aydin Kilic talked with Proactive about the company surpassing 20 Exahash in Bitcoin mining capacity, a major milestone in its expansion strategy.   Kilic shared that HIVE is now generating over $1 million in daily revenue from its Bitcoin mining operations and is targeting 25 Exahash by American Thanksgiving.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) shares gained more than 5% in early trading on Wednesday after the company announced that it has crossed a major threshold in its Bitcoin mining operations, reaching 2% of the global Bitcoin network and surpassing 20 exahash per second (EH/s) of computing power.  The multinational digital infrastructure company said the milestone follows the rollout of high-performance ASIC mining hardware at its new Phase 3 facility in Valenzuela, Paraguay.

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has reached a significant milestone in its Bitcoin mining operations, now accounting for 2% of the global network's computing power, a development that marks its strongest showing in the competitive world of digital currency mining to date. The Canadian firm, headquartered in Vancouver, said it had surpassed 20 exahash per second (EH/s) of mining capacity after deploying more machines at its newest facility in Paraguay.