HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI

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HIVE targets a pathway to increase its high-performance computing (HPC) annual run-rate revenue from $20 million to approximately $200 million by the end of the year. — A potential 10x increase in a high-growth business segment (AI/HPC) represents a massive shift in the company's valuation and revenue profile.

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The company is evaluating two large clusters at Bell's Merritt facility, with each cluster potentially adding between $65 million and $70 million in annual run-rate revenue. — This provides the specific catalyst and scale required to reach the company's aggressive year-end revenue targets.

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HIVE's Bitcoin mining operation in Paraguay grew from 6 EH/s to 25 EH/s, contributing to record fiscal year-end results and nearly $300 million in revenue. — Strong operational scaling in the core mining business provides the cash flow necessary to fund the transition into AI infrastructure.

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HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI

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HIVE Digital Technologies CFO on Bitcoin mining and AI data center growth – ICYMI

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