Hive Digital announces acquisition of 8.6 EH/s of Bitmain S21+ Hydros

HIVE Digital (HIVE) Technologies announces a transformative step forward with the acquisition of 8.6 EH/s of Bitmain S21+ Hydros. This purchase will increase HIVE’s Bitcoin mining hashrate to 15 EH/s of high-margin, self-mining capacity by summer 2025. These state-of-the-art miners deliver an industry-leading efficiency of 15 J/TH and 319 TH/s per unit, which will be powered by HIVE’s green energy infrastructure in Paraguay. HIVE’s initial order comprises 13,480 units, representing 4.3 EH/s of hashrate capacity, scheduled for delivery in April and May 2025. This acquisition was secured at an exceptionally competitive price of $14/TH. Additionally, the Company has a call option to purchase an additional 13,480 units within one year, bringing the potential total order to 26,960 units, or 8.6 EH/s of cutting-edge mining capacity.