HIVE Digital Technologies Ltd.HIVE
What HIVE Digital Technologies Ltd. does.
As used in this Annual Report, the terms "we," "us," "our," the "Company," the "Corporation" or "HIVE" means HIVE Digital Technologies Ltd. and its consolidated subsidiaries, unless otherwise indicated.
HIVE Digital Technologies Ltd. is a sustainable-energy focused digital infrastructure company. Our business model consists of using cash-flow generated from our established hashrate services business to support our ongoing AI and HPC business expansion that is primarily being undertaken through our subsidiary, BUZZ High Performance Computing Inc. ("BUZZ" or "BUZZ HPC"). The Company leverages its existing footprint of Tier-I data centers, initially optimized for energy-efficient mining, to secure low-cost power, grid access, and operational scale, then incrementally upgrades these assets to Tier-III, enterprise-grade AI infrastructure capable of supporting high-density GPU workloads, liquid cooling, and mission-critical uptime. Through BUZZ HPC, HIVE is positioning itself as a sovereign AI provider, offering domestically controlled, regulation-aligned compute infrastructure tailored to governments, enterprises, and research institutions, particularly in Canada. Its geographic strategy focuses on energy-advantaged regions such as Canada, Sweden, and Paraguay, where abundant, low-cost renewable power enables both immediate monetization and long-term scalability. By converting energy access into increasingly valuable compute capacity, HIVE is transitioning from a traditional hashrate service provider into a vertically integrated, capital-efficient AI infrastructure platform aligned with global trends in AI demand, data localization, and power-constrained data center development.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $67.7M | $211.2M | $106.3M | $114.5M | $115.3M | $297.8M |
| Net income | $24.1M | $79.6M | -$236.4M | $26.5M | -$3.0M | -$148.4M |
| Free cash flow | $2.3M | -$132.1M | $40.7M | $9.6M | $16.6M | $40.8M |
More on HIVE.
- HIVE Digital Technologies Ltd. summary
- HIVE Digital Technologies Ltd. financial statements
- HIVE Digital Technologies Ltd. key metrics
- HIVE Digital Technologies Ltd. health scores and style box
- HIVE Digital Technologies Ltd. earnings
- HIVE Digital Technologies Ltd. dividends
- HIVE Digital Technologies Ltd. valuation
- HIVE Digital Technologies Ltd. ownership and insiders
- HIVE Digital Technologies Ltd. peers
Figures from HIVE Digital Technologies Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.