HIVE Digital Technologies ( (TSE:HIVE) ) has issued an announcement.
HIVE Digital Technologies reported its January 2025 production results, highlighting the mining of 102 BTC and a significant increase in their HODL portfolio value. The company strategically sold some of its Bitcoin to invest in a new 200 MW hydro-powered Bitcoin mining facility in Paraguay, marking a major expansion that is expected to increase their mining capacity by 317% by September 2025. This expansion, alongside operational improvements and leadership updates, positions HIVE as a major player in Latin America’s Bitcoin mining industry, focusing on sustainability and efficiency.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd. is a global leader in sustainable data center infrastructure, focusing on Bitcoin mining. The company operates with a strong emphasis on energy efficiency and maintains operations in Canada, Sweden, and recently expanded into Paraguay.
YTD Price Performance: -8.09%
Average Trading Volume: 9,246,473
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $367.8M
For detailed information about HIVE stock, go to TipRanks’ Stock Analysis page.