HIVE Digital mined 103 BTC in November 2025, down from 117 in October, but holdings rose 67% YoY. The company announced plans to triple hashrate to 15 EH/s by mid-2025, aiming for $300M annual revenue.
HIVE Digital mined 103 BTC in November, down from 117 in October, but holdings grew 67% YoY to 2,713 BTC. The miner announced major expansion to reach 15 EH/s by mid-2025. It's the 8th Wall Street miner reporting a November production decline amid rising difficulty.
Crypto stocks plummeted Friday as US equity weakness spilled over, with Bitcoin falling below $66,000. Coinbase, Galaxy dropped ~7%, Gemini ~9%. Nasdaq entered correction, $17 trillion wiped from markets. Fed faces inflation-labor dilemma as war risks rise.
HIVE Digital plans to raise $75 million through exchangeable senior notes to fund data centers, GPU purchases, and AI infrastructure, highlighting a broader shift by crypto miners toward high-performance computing amid tighter mining margins.
HIVE Digital plans to raise $75 million through zero-interest exchangeable senior notes due 2031 to fund GPU purchases and data center expansion, underscoring its strategic shift from bitcoin mining toward AI and high-performance computing.
HIVE Digital Technologies plans to convert its 32 MW Bitcoin mining facility in Boden, Sweden, into a Tier III AI data center with about 2,000 NVIDIA GPUs, targeting revenue generation within nine months.
