We are thrilled to announce we have acquired Bitfarms’ 200 MW Paraguay site and are targeting 400% global hashrate growth by September. 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗛𝗜𝗩𝗘 𝗶𝗻 𝟮𝟬𝟮𝟱? 𝗘𝘅𝗽𝗹𝗼𝘀𝗶𝘃𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗧𝗿𝗮𝗷𝗲𝗰𝘁𝗼𝗿𝘆: HIVE is poised for aggressive growth, with plans to increase our global Bitcoin mining hashrate by 400%, from 6 EH/s today to 25 EH/s by September 2025, representing 3% of the global Bitcoin network. 𝗨𝗻𝗽𝗮𝗿𝗮𝗹𝗹𝗲𝗹𝗲𝗱 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Targeting 16.5 J/TH fleet efficiency, HIVE will set a new benchmark for cost-effective and sustainable Bitcoin production. 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: The revenue outlook for HIVE is promising, particularly with our expansion plans and favorable market conditions: • Based on current difficulty, at a capacity of 25 EH/s, HIVE could mine approximately 13.5 BTC daily. • With Bitcoin priced at $101,202, this translates to daily revenue of about $1.4 million. • Annually, this equates to over $500 million in potential revenue. 𝗖𝗹𝗲𝗮𝗻 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗦𝗵𝗲𝗲𝘁: HIVE has successfully avoided convertible debt, maintaining a strong financial position that minimizes shareholder dilution risks. 𝗟𝗲𝗮𝗻 𝗔𝗻𝗱 𝗠𝗲𝗮𝗻: With a track record of lowest G&A expenses per mined Bitcoin, HIVE maximizes cash flow returns on invested capital. Our lean, efficient team is set to generate $20 million per employee annually, outpacing tech leaders like Apple ($2.5M) and NVIDIA ($3M). 𝗢𝗿𝗴𝗮𝗻𝗶𝗰 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗚𝗿𝗼𝘄𝘁𝗵: HIVE has built a substantial portfolio organically, holding 2,805 BTC as of December 31, 2024, reflecting a robust year-over-year growth of 64.6%. 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗨𝗽𝘀𝗶𝗱𝗲: Given the current valuation of 1x forward revenue, HIVE stands out as an outlier and presents a unique value opportunity. If the company achieves a re-rating to align with industry averages, this could lead to a potential fivefold increase in valuation. As Warren Buffett likes to say, "𝗟𝗼𝘄𝗲𝗿 𝗺𝗮𝗿𝗴𝗶𝗻 𝗼𝗳 𝗲𝗿𝗿𝗼𝗿 𝗺𝗮𝗸𝗲𝘀 𝗮 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗺𝗼𝗿𝗲 𝗮𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝘃𝗲." With an exciting year of transformative growth ahead, we remain focused on maintaining our track record as leaders in operational excellence and one of the most efficient Bitcoin miners in the world, while delivering optimal shareholder value. Thank you for being part of our journey. 🐝
HIVE Digital Technologies LTD
Technology, Information and Internet
Vancouver, British Columbia 7,771 followers
About us
HIVE Digital Technologies is a leading data center owner and operator. The company’s infrastructure includes over 100 megawatts of Bitcoin mining and fast-growing GPU cloud business powered by its industrial-grade NVIDIA GPUs. HIVE trades on the Nasdaq and TSX Venture Exchanges, under the ticker symbol HIVE, and on the Frankfurt Stock Exchange under the ticker YO0.F. The company’s facilities are strategically located near clean, low-cost energy sources such as hydroelectric and geothermal plants. Learn more at: www.hivedigitaltechnologies.com
- Website
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http://www.hivedigitaltechnologies.com
External link for HIVE Digital Technologies LTD
- Industry
- Technology, Information and Internet
- Company size
- 11-50 employees
- Headquarters
- Vancouver, British Columbia
- Type
- Public Company
- Specialties
- Blockchain, Bitcoin, Ethereum Mining, Ethereum , Bitcoin Mining, and GPU mining
Locations
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Primary
Vancouver, British Columbia , CA
Employees at HIVE Digital Technologies LTD
Updates
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HIVE's long-term BTC HODL strategy? Sustainable, strategic, and future-focused. CFO Darcy Daubaras, CPA, CA breaks it down with Cointelegraph: https://lnkd.in/eFg2YHBz
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Excited to share an exclusive HIVE Digital Technologies 15% discount for Paris Blockchain Week! Use the code HIVE15 to join us at this amazing event. See you in Paris! #PBW2025 https://lnkd.in/grVksx2R
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With the 8th largest economy in the world, the GDP of Texas is already larger than Brazil, Canada, and Russia despite having a fraction of their populations. Executive Chairman Frank Holmes and Scott Melker reveal why a Texas Bitcoin reserve could have an even bigger impact than the national strategy. Full Story: https://lnkd.in/gFEBx6Et
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YOU'RE INVITED: On 4/17 from 5:30 to 9:00 PM CST, HIVE is hosting an investor dinner to celebrate its recent HQ relocation to the U.S. Enjoy local cuisines, cocktails, and meet Co-Founder and Executive Chairman Frank Holmes at our new San Antonio, Texas headquarters. TO RSVP: https://lnkd.in/gDqVntia
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President and CEO Aydin Kilic will be taking the stage at Paris Blockchain Week 2025! Join us at the Carrousel du Louvre from April 8-10th 2025, where the industry’s top minds are set to come together to shape the future of blockchain, innovation, and business. https://lnkd.in/gZ9tEYXR
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