Hive Blockchain Shatters Records with $87.3M Revenue, Expands AI Data Centers
November 18, 2025
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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Sources

Decrypt • Nov 17, 2025
Bitcoin Miner Hive's Stock Rises After Record Q2 Revenue, AI Deal
The Block • Nov 17, 2025
Bitcoin miner HIVE reports 'record' revenue as BTC production jumps
The Currency analytics • Nov 17, 2025
Bitcoin Mining Company HIVE Sees Unprecedented Revenue Growth Amid Production Surge