Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to discuss the company’s impressive third-quarter financial results for the period ending December 31, 2024. Hive reported strong performance across key metrics, including revenue of $29.2 million, net income of $1.3 million, and adjusted EBITDA of $17.3 million. The company also ended the quarter with a robust financial position, holding $270.7 million in cash and digital currencies. During the quarter, Hive successfully mined 322 Bitcoin, further strengthening its HODL strategy. At quarter-end, the company’s total digital currency assets were valued at approximately $260.8 million, including 2,805 Bitcoin, based on a Bitcoin price of $93,400. Looking ahead, Hive anticipates a transformative year in 2025, with ambitious expansion plans aimed at positioning the company as one of the world’s largest Bitcoin miners. A key driver of this growth is its 300 MW expansion in Paraguay, which is expected to quadruple Hive’s hashrate from 6 EH/s to 25 EH/s by September 2025. In addition to its mining operations, Hive is making significant strides in high-performance computing. The company is scaling up its AI-focused cloud computing business, leveraging new NVIDIA H100 and H200 clusters. These cutting-edge systems are projected to generate $20 million in high-margin run-rate revenue for AI model training and cloud computing services by Q2 2025, based on current growth and performance trends. With a solid financial foundation, aggressive mining expansion, and a growing presence in AI-driven cloud computing, Hive Digital is well-positioned for substantial growth in the coming year. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #BitcoinMining #CryptoMining #Blockchain #CryptoInvesting #TechStocks #DataCenters #Exahash #HPC #MiningExpansion