HIVE Digital Technologies (NASDAQ: HIVE) Experiences “Monumental” Month Amid Tech Tailwinds, Triggering Key Production Milestones And Expansion
Two of the fastest-growing technology sectors today — artificial intelligence (AI)-driven data centers and Bitcoin — are capturing billions in investment. AI’s surging demand is expected to propel global data center investments past the trillion-dollar mark by 2027. Simultaneously, Bitcoin continues to dominate investor attention, fueled by growing adoption and a rise to $100,000. Amid this transformative backdrop, HIVE Digital Technologies (NASDAQ:HIVE) is positioning itself at the forefront, carving out its own niche at the intersection of these high-growth industries.
Headquartered in Vancouver, Canada, HIVE reports it is a global leader in green and clean Bitcoin mining and AI-driven data center operations. The company operates advanced facilities dedicated to Bitcoin mining (the process by which new Bitcoins are minted and the blockchain is secured) and GPU cloud services, leveraging NVIDIA’s state-of-the-art GPUs.
As the world’s first publicly-traded miner, HIVE has carved out its competitive edge through strategic partnerships and a robust global footprint supported by a strong balance sheet that generated $22.6 million in revenue last quarter. For investors eager to explore this industry leader, more details on HIVE’s vision can be found here.
HIVE Hits Key Production Milestones
In November, HIVE achieved notable production milestones, mining 103 Bitcoins at an average rate of 3.42 BTC per day. This performance positions the company at 1% of …