HIVE Digital Technologies

HIVE Digital Technologies achieved a significant 197% year-over-year increase in Bitcoin production for December, mining 306 BTC despite rising network difficulty. For the full year 2025, HIVE produced 2,311 BTC, up 31%. The company is expanding its hydroelectric-powered data center capacity in Paraguay by 100 MW, slated for Q3 2026. This strategic move bolsters their renewable energy footprint and positions them to capitalize on AI demand through a dual-engine approach of Bitcoin mining and HPC.

HIVE Digital Technologies is expanding its Paraguay site with a 100 MW hydroelectric-powered Phase 3, bringing the site’s capacity to 400 MW and HIVE’s global renewable energy footprint to 540 MW. The company aims to reach 35 EH/s Bitcoin mining capacity by 2026, with Phase 3 construction starting in early 2026 and commissioning in Q3 2026. HIVE has also partnered with Bell Canada to integrate BUZZ HPC AI infrastructure, projecting a 5x growth in HPC/AI capacity by 2026, driven by GPU clusters and a Toronto buildout.