Hive Blockchain Shatters Records with $87.3M Revenue, Expands AI Data Centers

November 18, 2025
Hive Blockchain Shatters Records with $87.3M Revenue, Expands AI Data Centers
  • Executive Chairman Frank Holmes underscored Hive’s edge in combining Bitcoin mining depth with HPC and AI initiatives, noting decades of experience and relative maturity versus peers.

  • HIVE is exploring diversification into other blockchain sectors, such as DeFi and blockchain development, to broaden revenue streams beyond mining.

  • Risks include market volatility, regulatory changes, and an arms race for advanced mining tech that can strain resources and affect profitability.

  • The results come amid cryptocurrency market volatility and fluctuating Bitcoin prices, highlighting HIVE’s resilience and proactive management.

  • Hive completed a 300 MW capacity addition in Paraguay, reaching 25 EH/s across its global hydro-powered footprint and securing 400 MW via power agreements, with potential scaling to 35 EH/s by Q4 2026.

  • Looking ahead, Hive’s innovation and sustainability efforts could serve as a blueprint for profitability balanced with environmental responsibility and regulatory compliance in crypto mining.

  • Hive Blockchain Technologies posted record quarterly revenue, with bitcoin production surging to 717 coins in the quarter ending November 2025, valued at about $67.5 million at current prices.

  • Hive Digital Technologies reported record second-quarter revenue of $87.3 million for the year ending September 30, a 285% year-over-year increase and a 91% quarter-over-quarter rise, with adjusted EBITDA of $31.5 million signaling strong performance across Bitcoin mining and HPC divisions.

  • Hive’s Bitcoin mining segment generated $82.1 million in revenue, powered by an 86% quarter-over-quarter jump in average hash rate to 16.2 EH/s and mining 717 Bitcoin, up 77% from Q1 despite higher network difficulty.

  • Strategically, the company is shifting mining geography toward North America and Europe for regulatory stability, aligning with its sustainability and compliance focus.

  • HIVE is expanding AI data center initiatives via BUZZ HPC to build Tier III+ facilities in Canada and Europe to support hyperscale GPU deployments.

  • BUZZ HPC is positioned as a key growth engine within HIVE’s AI/data center strategy.

Summary based on 3 sources


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