HIVE Digital Technologies, a renowned Bitcoin mining firm, continues to make strides in crypto mining, while also making ambitious forays into artificial intelligence (AI) and high-performance computing (HPC). It's reported that HIVE now controls 2% of the global Bitcoin network, mining 9 BTC daily and surpassing 20 EH/s. The company's aggressive growth strategy appears to be paying off. It has posted robust production figures regularly, with one notable report highlighting a 22% surge in output for August. Not content with their Bitcoin mining success, HIVE is also ramping up its AI and HPC capabilities. However, analysts at KBW have downgraded HIVE, BITF, and BTDR, implying that the company's AI/HPC plans might take longer than anticipated to yield significant returns. Despite this, HIVE continues to broaden its production as Bitcoin prices slump. The company recently completed site development in Paraguay, achieving a notable hashrate milestone and is expected to reach 3% of the global Bitcoin production by Thanksgiving. HIVE has also expanded its green infrastructure, posting strong results for 2025 and targeting strong growth with an aim of reaching 25 EH/s by year-end. The company's stock has seen a series of ups and downs, with short interest declining for the shares in June. Despite the fluctuating Bitcoin market, HIVE continues to ride the trends of Bitcoin and AI HPC demand, delivering strong Bitcoin output, and reporting a record $87.3M in revenue, despite a downturn in Bitcoin.
HIVE Coin News Analytics from Wed, 13 Nov 2019 08:00:00 GMT to Tue, 27 Jan 2026 17:36:33 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor 4
