HIVE Digital Technologies Delivers Strong Year-Over-Year, Quarter-Over-Quarter and Month-Over-Month Growth, Maintaining over 2% of the Global Bitcoin Network

Executive Summary

• HIVE Digital Technologies reported a 197% YoY increase in December 2025 Bitcoin production to 306 BTC, despite higher mining difficulty and seasonal weather impacts.
• Full‑year 2025 Bitcoin output rose 31% YoY to 2,311 BTC, underscoring the company’s scale ( >2% of global network) and operational leverage.
• The firm announced plans to add 100 MW of hydroelectric‑powered data‑center capacity at its Yguazú campus in Paraguay, targeting commissioning in Q3 2026, which will bring total renewable‑energy footprint to ~540 MW.

Key Details

• December 2025 Production Highlights
• Bitcoin Produced: 306 BTC (+197% YoY vs. 103 BTC in Dec 2024).
• Average Daily Production: 9.9 BTC/day.
• Hashrate: 23.3 EH/s average, peaking at 24 EH/s.
• Fleet Efficiency: 17.5 J/TH; BTC per EH/s: 13.2 BTC.

• Month‑over‑month growth: +6%; Quarter‑over‑quarter growth: +23%.

• Full‑Year 2025 Performance

• Total Bitcoin mined: 2,311 BTC, a 31% YoY increase from 1,770 BTC in 2024.

• Mining difficulty rose ~46% year‑over‑year; the company maintained production growth despite the Bitcoin halving event.

• Operational Resilience

• Geographic diversification across three continents, nine time zones, and five languages helped mitigate weather‑related hash‑rate reductions.

• Expansion Outlook

• Planned addition of 100 MW hydroelectric data‑center capacity at Yguazú, Paraguay; long‑lead substation components already ordered.
• Expected total renewable energy capacity upon completion: ≈540 MW (400 MW in Paraguay + 140 MW across Canada & Sweden).

• Commissioning target for new capacity: Q3 2026.

• Management Commentary

• Executive Chairman Frank Holmes highlighted Bitcoin as “bundled, portable energy” and emphasized the company’s ROIC‑driven growth model.
• President & CEO Aydin Kilic noted that decentralized operations across multiple time zones protect margins and enable scalable growth.

Notable Quotes

• Frank Holmes, Executive Chairman:

  “Maintaining over 2% of the global Bitcoin network reflects years of disciplined execution… our dual‑engine model allows us to fund growth organically while maximizing the value of renewable energy.”

• Aydin Kilic, President & CEO:

  “December’s results demonstrate the strength of HIVE’s global operating platform… Our assets generate cash flow today while remaining flexible for tomorrow, positioning HIVE to compound value through 2026 and beyond.”