EPISODE · Aug 18, 2025 · 37 MIN
HIVE Digital Technologies - CEO Aydin Kilic & Chairman Frank Holmes Q&A - Q1 Earnings, Paraguay & HPC!
from Power Analysis · host Anthony Power & Bryce McNallie
Hive Digital Technologies delivers exceptional Q1 earnings with 15 exahash of Bitcoin mining capacity and expanding high-performance computing operations, driving nearly $1 million in daily revenue.• 15 exahash of Bitcoin mining capacity achieved, with 18 exahash projected by summer's end• Mining 7.5 Bitcoin daily with industry-leading 55% mining margins, projected to increase to 60%• Quarterly mining of 406 Bitcoin, with 206 Bitcoin produced in July alone• 300 megawatt Paraguay facility being completed ahead of schedule, with construction six weeks ahead of projected timeline• $16 million gross operating margin for Q1, with $45 million adjusted EBITDA and $35 million net income• High-performance computing business reached $20 million annualized run rate, targeting $100 million by 2026• Toronto data center acquisition positions Hive to become Canada's largest sovereign data center• Lowest G&A in the sector at 12% of revenue compared to competitors at 40-54%• 15% ROIC in trailing 12 months with earnings per share up 18% in Q1• All ASICs fully paid for with clear path from current 15 exahash to 25 exahashTake a second to smash the like button, guys. If you're not already subscribed to McNallie Money, feel free to join and let us know in the comment section below if you're currently holding shares of Hive and what you thought about the results.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]
What this episode covers
Hive Digital Technologies delivers exceptional Q1 earnings with 15 exahash of Bitcoin mining capacity and expanding high-performance computing operations, driving nearly $1 million in daily revenue. • 15 exahash of Bitcoin mining capacity achieved, with 18 exahash projected by summer's end • Mining 7.5 Bitcoin daily with industry-leading 55% mining margins, projected to increase to 60% • Quarterly mining of 406 Bitcoin, with 206 Bitcoin produced in July alone • 300 megawatt Paraguay facility...
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HIVE Digital Technologies - CEO Aydin Kilic & Chairman Frank Holmes Q&A - Q1 Earnings, Paraguay & HPC!
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