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HIVE Digital Technologies ( (TSE:HIVE) ) has shared an announcement.
On November 3, 2025, HIVE Digital Technologies announced significant advancements in its operations, achieving a milestone of 23 Exahash per second in Bitcoin-mining capacity and acquiring 32.5 acres in Grand Falls, New Brunswick for the development of Tier III+ AI HPC data centers. This expansion is part of HIVE’s strategy to leverage renewable energy for scalable, high-density computing solutions, aligning with the AI super cycle’s demands. The company aims to support over 30,000 GPUs for AI workloads, enhancing its position as a leader in the AI-driven HPC market. These developments are expected to create substantial opportunities for growth and efficiency, reinforcing HIVE’s commitment to sustainable, high-performance digital infrastructure.
The most recent analyst rating on (TSE:HIVE) stock is a Hold with a C$7.50 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.
The overall score is driven by positive technical momentum, despite financial performance challenges and poor valuation metrics. The stock’s upward trend is a significant strength, but profitability and cash flow issues remain key risks.
To see Spark’s full report on TSE:HIVE stock, click here.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd. is a global leader in sustainable digital infrastructure, focusing on Bitcoin mining and high-performance computing (HPC) data centers. The company is known for repurposing renewable energy to support its operations, positioning itself as a key player in the AI industrial revolution by transitioning from Bitcoin mining to advanced HPC facilities.
Average Trading Volume: 2,744,968
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.76B
See more data about HIVE stock on TipRanks’ Stock Analysis page.