HIVE Digital Technologies hit new milestone while HPC hits $20M run-rate ahead of schedule

Proactive - Interviews for investors

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share significant operational milestones for HIVE Digital Technologies, including surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate and achieving key benchmarks in its high-performance computing (HPC) expansion. Holmes reported that HIVE has added 1 EH/s of mining capacity per week over the last month, bringing its current total to over 10 EH/s. The company is now ahead of schedule in reaching its Phase 1 objective of 11.5 EH/s by the end of June 2025. With a fleet efficiency of 20 Joules per Terahash, HIVE is demonstrating both speed and sustainability in its mining operations. Importantly, Holmes emphasized that this rapid growth is fully funded, giving the company confidence as it continues to scale toward its long-term target of 25 EH/s by the fourth quarter of 2025. This expansion positions HIVE as a serious contender in the global Bitcoin mining sector. Beyond mining, HIVE's HPC subsidiary, Buzz HPC, is also exceeding expectations. The company announced that Buzz HPC has reached a $20 million annualized revenue run-rate from its GPU cloud services—a full month ahead of its original June 2025 target. This milestone reflects the growing demand for GPU-based infrastructure and the effectiveness of HIVE’s strategy in building a complementary business beyond crypto. Buzz HPC now operates with a fleet of over 5,000 high-performance GPUs, enabling the company to serve clients in AI, machine learning, and cloud rendering. The success of Buzz HPC further validates HIVE’s diversified growth model and positions it as a rising player in the cloud infrastructure and AI computing space. #proactiveinvestors #hivedigitaltechnologies # #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors