HIVE Digital Technologies Reports 18% Surge in Bitcoin Production with Paraguay Expansion, Targets 25 EH/s by Year-End
HIVE Digital Technologies Ltd. reported an 18% increase in Bitcoin production in June, mining 164 Bitcoin, attributed to its 100 MW expansion in Paraguay. The company aims to produce 12 Bitcoin daily by year-end and scale to 25 EH/s by Thanksgiving. HIVE's hashrate nearly doubled to 11.4 EH/s since March. The expansion supports their green mining strategy. Additionally, HIVE's subsidiary is enhancing AI infrastructure in Canada with a new data center. The company also granted 2.8 million Restricted Share Units to align employee incentives.
HIVE Digital Technologies Ltd. has reported an 18% increase in Bitcoin production for June compared to May 2025. The company mined 164 Bitcoin in June, largely due to the successful launch of its 100 megawatt Phase 1 in Paraguay. This expansion is part of HIVE’s strategy to reach a target of producing 12 Bitcoin per day by the end of the year. With Phase 2 now underway in Paraguay, HIVE aims to scale up to 25 EH/s by American Thanksgiving. In June, the company nearly doubled its hashrate to 11.4 EH/s since the end of March. HIVE’s President & CEO, Aydin Kilic, noted that Paraguay is a key part of their green Bitcoin mining strategy due to its hydro infrastructure. In parallel, HIVE’s subsidiary, BUZZ High Performance Computing Inc., is expanding its AI infrastructure in Canada by purchasing a 7.2 MW Tier 3 data center campus in Toronto, which will host up to 5,000 next-gen GPUs. Additionally, HIVE has granted 2,809,000 Restricted Share Units to its employees and key stakeholders to align incentives and foster a culture of shared success. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HIVE Digital Technologies Ltd. published the original content used to generate this news brief on July 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
