HIVE Digital Technologies Hits 13 Exahash per Second Milestone in Bitcoin Mining, Analysts Predict 203.57% Upside Potential.

HIVE Digital Technologies has reached a milestone of 13 exahash per second in Bitcoin mining capacity. Analysts predict a 203.57% upside potential for HIVE stock, with an average target price of $7.29. However, GuruFocus estimates a 38.75% downside for HIVE. The company aims to reach 18 exahash per second by August 2025.

Title: HIVE Digital Technologies Surpasses 13 EH/s in Bitcoin Mining Capacity

HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) has achieved a significant milestone in its Bitcoin mining operations by surpassing 13 exahash per second (EH/s) in global mining capacity. This accomplishment, announced on July 24, 2025, marks a substantial increase in the company's mining capabilities, driven by the deployment of next-generation hydro-cooled Bitcoin mining facilities in Paraguay [2].

The company's latest press release highlights that this milestone is part of a broader strategy to expand its digital infrastructure and revenue streams. HIVE Digital Technologies has been actively diversifying its operations in response to the increasing challenges posed by Bitcoin halvings, which have squeezed miner margins. The company's recent acquisition of a site near Toronto’s major airport, where it plans to add 7.2 megawatts of high-performance computing (HPC) capacity, further underscores its commitment to growth and innovation [1].

Analysts have responded positively to this development, with predictions of a 203.57% upside potential for HIVE stock, with an average target price of $7.29. However, GuruFocus estimates a 38.75% downside for HIVE, reflecting the market's cautious view of the company's potential as a Bitcoin proxy stock. Despite these varying opinions, the company remains focused on its goal to reach 18 EH/s by August 2025, signaling its ambition to maintain its leadership position in the Bitcoin mining industry [1].

HIVE Digital Technologies' recent success in Paraguay is part of a broader trend in the crypto industry, where companies are increasingly looking to diversify their operations and expand into new markets. The company's ability to navigate the complexities of the Bitcoin mining landscape and adapt to changing market conditions has positioned it as a key player in the industry.

As HIVE Digital Technologies continues to grow, investors will be closely watching its progress and the impact of its strategic decisions on its stock performance. The company's ability to balance the risks and opportunities in the Bitcoin mining industry will be crucial to its long-term success.

References:
[1] https://cointelegraph.com/news/crypto-biz-hive-digital-nasdaq-closing-bell-hpc-growth
[2] https://www.newsfilecorp.com/company/5335/HIVE-Digital-Technologies-Ltd.