HIVE Digital shares jump 14.50% after hours as 290% hashrate growth and Bitcoin production surge boost confidence in AI expansion.

HIVE Digital surged 14.5% in after-hours trading following the release of its January 2026 Bitcoin production and operational results. The company reported a 191% year-over-year increase in Bitcoin production (297 BTC) and 290% hashrate growth (22.2 EH/s), driven by new ASIC miner installations and improved fleet efficiency (17.5 J/TH). The expansion of renewable energy capacity to 440 MW and plans for an additional 100 MW in Q3 2026 underscored its cost-competitive edge. Management highlighted strategic investments in AI and high-performance computing infrastructure, positioning HIVE to diversify revenue streams. The cashless exercise of 480 BTC generated $7.4 million, funding further hardware upgrades and reinforcing operational flexibility. Strong performance across nine time zones, including uninterrupted operations in Paraguay during northern hemisphere cold events, validated the company’s decentralized model. These metrics, combined with leadership’s emphasis on disciplined capital management, fueled optimism about HIVE’s scalability and resilience in volatile markets.