HIVE Digital Reaches New Milestone in Paraguay, Shares Surge

Canadian Bitcoin mining company HIVE Digital announced the completion of its flagship 100-megawatt facility in Paraguay. This milestone marks a significant step towards achieving their goal of 25 exahash per second (EH/s) by fall 2025. With this expansion, HIVE Digital now has the capacity to host 5 exahashes of ASIC miners and expects to reach 5 EH/s in Paraguay by the end of Q2. 2% shares soared on pre-market trading after the announcement.