As of the latest check, shares of HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had increased by a substantial 7.75% pre-market on Thursday, reaching $2.50. The company’s revelation that it has doubled its worldwide Bitcoin mining hashrate from 6 EH/s at the start of 2025 to 12 EH/s has sparked the optimistic sentiment.
At the same time, HIVE said that its operational performance had significantly improved, surpassing a yearly run rate revenue of $250 million.
Growth and Strategy in Paraguay
This achievement stems from HIVE’s substantial infrastructure development in Yguazú, Paraguay, where the company is making great strides toward constructing three campuses of data centers powered by hydropower. These state-of-the-art facilities are making Paraguay a global center for Bitcoin mining and renewable energy.
HIVE has incorporated 1 EH/s of Bitmain S21+ Hydro ASIC miners in Phase 2 of development, with plans to grow up to 6.5 EH/s by the end of August. By the end of the summer, the business expects to attain 18 EH/s, and by Thanksgiving 2025, 25 EH/s.
Strong Operational and Financial Results
With a mining margin of over 55%, HIVE is already producing over 6 BTC every day and has already reached a $250 million yearly revenue run rate. The company expects to generate $400 million in yearly revenue with the expected 18 EH/s capability.
In addition, HIVE wants to raise mining profits to over 60% and enhance fleet efficiency to 18.5 J/TH while taking current hashprice and electricity expenses into consideration.
Industry Recognition
The industry is taking notice of HIVE’s strong pace and creative execution in Paraguay. Along with providing real social advantages like better public lighting in Valenzuela and air conditioning systems at nearby schools, the project has also produced hundreds of local employment.
HIVE’s projects are changing the standards for the deployment of digital infrastructure in developing nations by emphasizing sustainable development and community involvement.
