Hive Digital clocks $29.2M in Q3 revenue as Bitcoin hodl position surges
The Bitcoin miner ended its fiscal third quarter with $270.7 million in cash and crypto holdings, according to CFO Darcy Daubaras. Source link
Crypto miner HIVE Digital’s shares soar amid 263% surge in Bitcoin reserves
HIVE Digital Technologies has reported strong Q3 FY2025 revenue, fueled by Bitcoin mining and high-performance computing services. Canadian crypto mining firm HIVE Digital Technologies saw its shares rising 2.57% on Wednesday after it revealed its third-quarter results for fiscal year 2025, which showed strong growth. In a Tuesday press release, the Vancouver-headquartered firm reported total […]
HIVE Digital buys Bitfarms’ Paraguay site for $56m, targets 25 EH/s by Q3
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining site in Paraguay, boosting its mining power to 25 EH/s by September. The power pump […]
Bitfarms sells Paraguay site to Hive for $85M, refocuses on US
Bitfarms will sell its largest Paraguay mining farm to Hive Digital for $85 million as it focuses on its US expansion in Bitcoin and AI infrastructure. Source link
Hive Digital moves HQ to Texas, citing supportive climate under Trump
Bitcoin miner Hive Digital will move its headquarters from Vancouver, Canada, to Texas, saying Donald Trump will make Bitcoin mining great again. Source link
Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6.0 exahashes per second in operational hashrate, marking a 47% jump from 4.08 EH/s at the end of 2023. The Vancouver-headquartered firm explained in a […]
Hive Digital moves HQ to Texas citing supportive climate under Trump
Bitcoin miner Hive Digital will move its headquarters from Vancouver to Texas, saying Trump will make Bitcoin mining great again. Source link
