Expansion And GrowthThe acquisition of Bitfarm's Paraguay sites should materially boost self-mining capacity to ~25 EH/s, making HIVE a large-scale player in this industry.
Financial PerformanceHIVE reported total F3Q25 revenues of $29.2M, up 29% quarter-over-quarter, with BTC mining revenues of $26.7M, driven by higher average BTC prices.
Financial ValuationHIVE shares are viewed as attractively valued, with the company trading at ~5x annualized FQ3 EV/EBITDA before a material exahash ramp.