HIVE Digital Technologies Achieves 20 EH/s in Bitcoin Mining

HIVE Digital Technologies ( (TSE:HIVE) ) has issued an announcement.

On September 24, 2025, HIVE Digital Technologies announced reaching 20 Exahash per second of global Bitcoin mining capacity, marking a significant milestone in its expansion strategy. This achievement, driven by the completion of Phase 3 at its Valenzuela facility in Paraguay, positions HIVE as a leader in sustainable Bitcoin mining, with a commitment to impact investing in community education. The company now mines 9 Bitcoin daily, representing 2% of the Bitcoin network, and anticipates further growth to 25 EH/s by U.S. Thanksgiving, enhancing shareholder value and operational efficiency.

The most recent analyst rating on (TSE:HIVE) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.

Spark’s Take on TSE:HIVE Stock

According to Spark, TipRanks’ AI Analyst, TSE:HIVE is a Neutral.

HIVE Digital Technologies has a moderate overall score driven by strong technical momentum but offset by poor financial performance and valuation metrics. The lack of profitability and cash flow issues are significant concerns, while the bullish technical indicators provide some positive outlook.

To see Spark’s full report on TSE:HIVE stock, click here.

More about HIVE Digital Technologies

Founded in 2017, HIVE Digital Technologies Ltd. operates sustainable blockchain and AI infrastructure data centers powered by renewable hydroelectric energy. With a presence in Canada, Sweden, and Paraguay, the company focuses on green energy leadership and digital finance, aiming to create long-term value for shareholders and communities.

Average Trading Volume: 2,012,363

Technical Sentiment Signal: Buy

Current Market Cap: C$1.3B

Find detailed analytics on HIVE stock on TipRanks’ Stock Analysis page.