![[HIVE_BIG-b0f0c511.png|300]] Website: [hivedigitaltechnologies.com](https://www.hivedigitaltechnologies.com) ### Introduction HIVE Digital Technologies Ltd. was founded in 2017 and is headquartered in Vancouver, British Columbia, Canada. The company focuses on building and operating sustainable data center infrastructure for Bitcoin mining and high-performance computing (HPC) for artificial intelligence (AI) applications. While exact employee numbers are not publicly disclosed in recent data, HIVE operates across multiple continents, indicating a significant operational scale. Its mission centers on leveraging renewable energy sources to power digital infrastructure, promoting environmental sustainability while delivering value through blockchain and AI compute solutions. HIVE Digital Technologies is a publicly traded company listed on the TSX Venture Exchange under the ticker symbol [TSXV: HIVE](https://www.tsx.com), the NASDAQ under [NASDAQ: HIVE](https://www.nasdaq.com), and the Frankfurt Stock Exchange under [FSE: YO0](https://www.boerse-frankfurt.de). The company has evolved from a pure-play Bitcoin mining operation into a diversified infrastructure provider, capitalizing on the growing demand for AI and HPC capabilities while maintaining a strong foothold in cryptocurrency mining. ### Key Products and Technology HIVE Digital Technologies operates in the mining and compute infrastructure sector, with a focus on Bitcoin mining and AI data center solutions. Below are the key areas of their technology portfolio: - **Bitcoin Mining Operations (Cryptocurrency Mining Infrastructure)** - **Type**: ASIC-based Bitcoin mining - **Technical Specifications**: As of November 2025, HIVE achieved a global mining capacity of 25 EH/s (exahashes per second), with plans to scale to 35 EH/s. The company reported mining 290 BTC in November 2025 alone, a year-to-date high. Their infrastructure includes 300 MW of capacity in Paraguay. - **Energy Source**: Predominantly renewable energy, including hydroelectric power from facilities like the Itaipu Dam in Paraguay, alongside other green energy sources across North America and Europe. - **Key Differentiators**: HIVE emphasizes sustainability by using clean energy, reducing its carbon footprint compared to traditional mining operations. Their dual-revenue model (mining and AI compute) provides financial resilience. - **Development Stage**: Fully operational, with ongoing expansions in capacity and geographic reach. - **Target Customers**: Cryptocurrency markets and investors seeking exposure to Bitcoin through public companies. - **Tier III+ AI HPC Data Centers (High-Performance Computing Infrastructure)** - **Type**: Data center infrastructure for AI and HPC workloads - **Technical Specifications**: HIVE is deploying thousands of next-generation GPUs, with a planned campus in New Brunswick capable of scaling to over 25,000 GPUs. Their total renewable infrastructure footprint is expected to reach over 540 MW across three continents. - **Energy Source**: Renewable energy, primarily hydroelectric, ensuring low-cost and sustainable power for energy-intensive AI workloads. - **Key Differentiators**: HIVE’s ability to repurpose Bitcoin mining infrastructure for AI compute offers scalability and cost efficiency. Their focus on Tier III+ standards ensures high reliability and uptime for clients. - **Development Stage**: Under active development and deployment, with revenue already being generated from real clients as of late 2025. Expansions are targeted for 2026. - **Target Customers**: AI technology companies, research institutions, and enterprises requiring high-density compute power. ### Regulatory and Licensing Status As a company focused on cryptocurrency mining and data center operations, HIVE Digital Technologies does not fall under nuclear regulatory frameworks like the NRC. Instead, its regulatory considerations relate to environmental compliance, energy usage permits, and financial reporting obligations as a publicly traded entity. HIVE has successfully navigated energy regulations in multiple jurisdictions, securing access to renewable energy sources such as hydroelectric power in Paraguay, Canada, and other regions. Key regulatory milestones include compliance with local energy and environmental standards, which enable their operations in countries with stringent sustainability requirements. There are no specific upcoming regulatory hurdles mentioned in recent data for their mining or HPC activities. Since their operations are already commercial, there is no timeline for "first deployment" as seen in nuclear or experimental tech sectors; however, their expansion projects (e.g., additional 100 MW hydroelectric data center in Paraguay by early 2026) are subject to local permitting and regulatory approvals. ### Team and Leadership HIVE Digital Technologies is led by a team with expertise in blockchain, energy infrastructure, and technology scaling. Key executives include: - **Frank Holmes - Executive Chairman**: A seasoned investor and financial expert, Holmes guides HIVE’s strategic direction, focusing on sustainable growth in mining and AI infrastructure. [@bulldogholmes](https://x.com/bulldogholmes) - **Darcy Daubaras - Chief Financial Officer**: Daubaras oversees financial operations and has been instrumental in articulating HIVE’s commitment to green energy in public communications. [@hivedarcy](https://x.com/hivedarcy) Additional leadership details are available on their official investor relations page, though specific bios for other executives are less prominent in recent public data [hivedigitaltechnologies.com/investors](https://www.hivedigitaltechnologies.com/investors). ### Funding and Financial Position HIVE Digital Technologies, as a public company, does not disclose traditional private funding rounds but operates with capital raised through equity markets and operational revenue. Specific details on total capital raised historically are not available in the latest data, but their financial position is reflected in market performance and operational updates. - **Market Cap and Stock Performance**: As of late 2025, HIVE’s stock has seen significant growth, with posts on X noting a 283% increase in hashrate correlating with strong market interest. Exact market cap figures are not cited in the most recent updates but can be tracked via [NASDAQ: HIVE](https://www.nasdaq.com). - **Key Investors**: Institutional ownership details are not fully disclosed in recent public data, but HIVE’s status as a public company implies a broad shareholder base. - **Revenue Status**: HIVE is revenue-generating, with dual streams from Bitcoin mining (record production of 290 BTC in November 2025) and growing AI/HPC infrastructure services, as noted in recent press releases [hivedigitaltechnologies.com/news](https://www.hivedigitaltechnologies.com/news). ### Recent News and Developments | Date | Event | Details | |---------------|-----------------------------------------|---------------------------------------------------------------------------------------------------| | Dec 22, 2025 | AI Infrastructure Expansion Update | HIVE’s renewable infrastructure to reach 540 MW across three continents, powering AI supercycle [x.com/anthonysagami](https://x.com/anthonysagami). | | Dec 17, 2025 | Record Bitcoin Production Announced | HIVE reported a 182% increase in November Bitcoin production to 290 BTC, with 300 MW in Paraguay operational [x.com/anthonysagami](https://x.com/anthonysagami). | | Nov 19, 2025 | Strategic Focus on AI and Mining | HIVE highlighted its dual strategy of mining Bitcoin with clean energy and scaling AI compute [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | | Nov 5, 2025 | Tier III AI Transformation Update | Deployment of thousands of GPUs for AI, with revenue growth from real clients [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | | Nov 3, 2025 | Hashrate Surge and HPC Campus Expansion | HIVE reached 23 EH/s (283% yearly growth) and announced a 32.5-acre Tier III+ HPC campus in New Brunswick [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | | Oct 3, 2025 | Mining Capacity Growth | Mining capacity increased over 200% in 2025, maintaining a commitment to green energy [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | | Sep 2, 2025 | Global Hydroelectric Operations | HIVE emphasized powering Bitcoin mining with hydroelectric energy across three continents [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | | Jul 30, 2025 | Mining Capacity Milestone | Global footprint surpassed 14 EH/s, mining over 7 BTC daily with clean hydro energy [x.com/HIVEDigitalTech](https://x.com/HIVEDigitalTech). | ### Partnerships and Collaborations - **Paraguay Energy Authorities and Itaipu Dam Operators**: HIVE’s 300 MW Bitcoin mining operation in Paraguay is powered by clean hydroelectric energy from the Itaipu Dam, one of the largest in the Western Hemisphere. This partnership provides low-cost, sustainable energy, critical for high-energy mining and AI workloads. - **NVIDIA (Implied Partnership for GPUs)**: While not explicitly confirmed in formal agreements, HIVE’s deployment of thousands of next-gen GPUs for AI compute suggests a supply or technology collaboration with NVIDIA, enhancing their HPC capabilities. - **Local Governments for Renewable Energy**: HIVE collaborates with regional authorities in Canada, Paraguay, and Europe to access renewable energy, aligning with their sustainability goals and securing cost-effective power. ### New Hampshire Relevance HIVE Digital Technologies’ focus on sustainable data center infrastructure and renewable energy could align with [[New Hampshire]]’s interests in clean tech and economic development, though no direct connections to the state are evident in current data. Below is an assessment of potential fit: - **Proximity to Infrastructure**: New Hampshire’s access to the ISO-NE grid and proximity to [[Seabrook Station]] (a nuclear power plant) could support HIVE’s energy-intensive operations if renewable or nuclear energy partnerships are pursued. HIVE’s experience with hydroelectric power might align with NH’s regional renewable resources. - **Technology Readiness**: HIVE’s Bitcoin mining and AI HPC solutions are already operational and scalable, fitting immediate deployment timelines in NH for data center or industrial compute needs. - **Legislative Alignment**: While NH’s HB 710 and SMR provisions focus on nuclear energy, HIVE’s green energy focus could complement broader clean tech initiatives in the state, supporting goals for sustainable economic growth. - **Potential Applications**: HIVE’s Tier III+ data centers could serve NH’s growing tech sector, powering data centers or providing compute for local industries. Their energy-efficient model could also support grid stability initiatives. - **NH Connections**: There is no evidence of specific interest or projects in New Hampshire or the Northeast US beyond a general expansion in North America (e.g., New Brunswick campus). However, their scalable model could be adapted for the region if interest arises. ### Competitive Position HIVE Digital Technologies operates in a competitive landscape of Bitcoin mining and AI infrastructure providers. Compared to competitors like [[MARA|Marathon Digital Holdings]] and [[[[Riot Platforms]]]], HIVE stands out with its dual-revenue model, integrating Bitcoin mining with AI/HPC services. This diversification reduces reliance on volatile cryptocurrency markets, a risk more pronounced for pure-play miners like Marathon. Against AI-focused data center providers like [[CoreWeave]], HIVE’s advantage lies in its established renewable energy infrastructure, potentially offering lower operational costs. However, risks include rapid technological obsolescence in AI hardware and regulatory changes impacting energy access or crypto markets. ### Closing Note HIVE Digital Technologies is a mature public company with a strong trajectory in sustainable Bitcoin mining and AI infrastructure, poised for continued growth into 2026. *Report generated December 24, 2025*