HIVE Digital Technologies Surpasses 14 EH/s Milestone

SEC Filing 6-K (0001062993-25-013298)

HIVE Digital Technologies Ltd. has announced that it has surpassed 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay. The company has realized a current Bitcoin annual run rate (ARR) revenue of $315 million, with mining margins of approximately 55% after electricity costs. HIVE remains on track to reach 18 EH/s by the end of summer and 25 EH/s by U.S. Thanksgiving, positioning itself as one of the world's most efficient and fastest-scaling Bitcoin miners. The company's growth is fueled by favorable market conditions, including rising Bitcoin prices, increasing institutional adoption of digital assets, and growing demand for AI-ready data centers. HIVE's operations in Paraguay are progressing well, with over 300 workers on-site and daily Bitcoin production expected to reach 12 BTC by year-end. The company's strategy aligns with global trends such as the acceleration of stablecoin usage and regulatory clarity in the U.S.