HIVE Digital Technologies, listed on the NASDAQ as HIVE, is a prominent player in the cryptocurrency mining industry. The company focuses on Bitcoin mining and high-performance computing (HPC) services. HIVE is set to release its quarterly earnings on November 14, 2025, with Wall Street estimating an earnings per share (EPS) of -$0.01 and projected revenue of approximately $80.6 million.
HIVE is expected to report a significant revenue increase of 257.45% year over year, reaching approximately $80.6 million. This growth is driven by HIVE's expanding Bitcoin-mining capacity and the growth of its HPC services, particularly with the expansion of its AI data center in New Brunswick. The company has achieved a mining power of 23 Exahash per second, a key driver of its revenue surge.
Despite the positive revenue outlook, the Zacks Consensus Estimate anticipates a loss of 1 cent per share for the quarter. This is an improvement from the 6 cents per share loss reported in the same quarter last year. Historically, HIVE has exceeded the Zacks Consensus Estimate in three of the last four quarters, although it did miss expectations once, resulting in a negative average surprise.
HIVE has reported the production of 289 Bitcoin in October 2025, marking an 8% increase from the previous month and a significant 147% rise compared to the same period last year. The company's average daily Bitcoin production for October was 9.3, with a hashrate averaging 21.9 Exahash per Second (EH/s). HIVE's network share now exceeds 2% of the global Bitcoin network.
Additionally, HIVE has completed its 100-megawatt Phase 3 Valenzuela expansion in Paraguay, successfully commissioning the final application-specific integrated circuits (ASICs) and containers. This brings the entire 300 MW of Paraguay capacity online, ahead of schedule by about two weeks. With this expansion, HIVE now boasts 25 EH/s of installed global Bitcoin mining capacity and has surpassed 24 EH/s of operational hashrate.
