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3 crypto stocks to watch this week — one jumped over 2,200%
Yahoo Finance· 2025-09-27 17:55
Group 1: HIVE Digital - HIVE Digital is a Bitcoin mining and AI cloud services company, achieving 2% of global Bitcoin production [2][3] - The company aims to increase its output to 3% by Thanksgiving [3] - HIVE's stock closed at $3.52 on September 26, rising over 23% in a month, with most analysts granting it a Buy rating [3] Group 2: Mercurity Fintech - Mercurity Fintech is a fintech company planning to create a diversified digital asset treasury (DAT) [4] - The company announced plans to raise $800 million for a Bitcoin treasury and secured a $200 million equity line of credit from Solana Ventures for a SOL treasury [4] - Mercurity's stock closed at $18.19 on September 26, surging more than 250% in a month [7] Group 3: QMMM Holdings - QMMM Holdings Limited is a Hong Kong-based digital media advertising company that announced its pivot into crypto on September 9 [8]
HIVE Digital CEO reveals insights into Bitcoin mining milestone – ICYMI
Proactiveinvestors NA· 2025-09-26 22:16
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
HIVE Digital Technologies Ltd. (HIVE) Surges 8% as Bitcoin Production Hits 247 BTC
Yahoo Finance· 2025-09-26 14:21
Core Insights - HIVE Digital Technologies Ltd. is recognized as one of the best manufacturing stocks to buy, focusing on digital infrastructure and cryptocurrency mining [1] Group 1: Company Overview - HIVE Digital Technologies Ltd. operates in cryptocurrency mining and has expanded into energy-efficient, AI-ready datacenter operations, with major facilities in Canada, Sweden, and Paraguay [1] - The company is headquartered in Vancouver and primarily utilizes renewable energy for its operations [1] Group 2: Recent Performance - HIVE reported a 22% month-over-month increase in Bitcoin production, mining 247 BTC in August compared to 203 BTC in July [2] - The average hashrate reached 16.3 EH/s, peaking at 18.1 EH/s due to the Phase 2 Yguazú expansion in Paraguay, which produces over 8.5 BTC daily [2] - The nearly completed Phase 3 expansion is expected to increase global capacity to 25 EH/s by Thanksgiving, targeting 12 BTC daily, which would represent around 3% of the global Bitcoin mining network [2] Group 3: Strategic Developments - HIVE is advancing its AI and enterprise datacenter strategy through its BUZZ HPC subsidiary, acquiring a 7.2 MW Toronto data center for CAD$17.25 million and upgrading it to Tier 3 standards [3] - The upgrade aims to support AI, machine learning, and cloud enterprise clients, complementing a partnership with Bell Canada for advanced GPU infrastructure [3] Group 4: Market Sentiment - Operational and strategic developments have led to strong investor sentiment, with HIVE's stock surging 8% in September, reinforcing its position in the crypto and AI infrastructure space [4]
HIVE Digital stock higher on Bitcoin mining milestone
Proactiveinvestors NA· 2025-09-24 14:58
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
HIVE hits 2% of global Bitcoin hashrate, now mining 9 BTC a day
Proactiveinvestors NA· 2025-09-24 11:54
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive employs technology to enhance workflows and has a forward-looking approach to technology adoption [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
RETRANSMISSION: HIVE Digital Technologies Reaches 2% of Global Bitcoin Network, Mining 9 BTC Daily and Surpassing 20 EH/s
Newsfile· 2025-09-24 10:00
Core Viewpoint - HIVE Digital Technologies has achieved a significant milestone by surpassing 20 EH/s in global Bitcoin mining capacity, representing approximately 2% of the Bitcoin network, and is currently mining 9 BTC daily with a mining margin of 55% after electricity costs [3][4][12]. Company Performance - HIVE's Phase 3 facility in Paraguay has successfully deployed ASICs, contributing to a year-to-date hashrate increase of approximately 233% [4]. - The company anticipates reaching daily Bitcoin production of approximately 12 BTC upon completion of Phase 3, with an expected efficiency of around 17.5 J/TH [6]. - HIVE's global fleet efficiency stands at 18 J/TH, with a mining margin of 55% after accounting for electricity costs [4][12]. Operational Developments - The construction of Phase 3 is substantially complete, with installations ahead of schedule, achieving a target of 20 EH/s [5]. - HIVE aims to reach 25 EH/s by U.S. Thanksgiving, indicating strong operational momentum [5][12]. Commitment to Sustainability - HIVE's mining operations are powered by renewable hydroelectric energy from the Itaipu Dam, reinforcing its commitment to sustainable Bitcoin mining [4][17]. - The company is dedicated to impact investing in community education, particularly in Paraguay, where it supports local educational initiatives [9][10]. Management Insights - Frank Holmes, Co-Founder and Executive Chairman, expressed pride in the team's resilience and commitment to scaling operations ahead of schedule [8]. - Aydin Kilic, President and CEO, highlighted the significance of reaching 20 EH/s as a validation of the company's disciplined growth strategy and operational excellence [12].
HIVE Digital Technologies Reaches 2% of Global Bitcoin Network, Mining 9 BTC Daily and Surpassing 20 EH/s
Newsfile· 2025-09-24 05:00
Core Insights - HIVE Digital Technologies has achieved a significant milestone by surpassing 20 EH/s of global Bitcoin mining capacity, representing approximately 2% of the Bitcoin network [2][3][12] - The company is currently mining 9 BTC daily with a year-to-date hashrate increase of approximately 233% [3][4] - HIVE's Phase 3 facility in Paraguay is powered by renewable hydroelectric energy, reinforcing its commitment to sustainable Bitcoin mining [3][4] Mining Capacity and Efficiency - HIVE's global fleet efficiency stands at 18 Joules per Terahash (J/TH), achieving a mining margin of 55% after electricity costs [3][4] - The company anticipates reaching daily Bitcoin production of approximately 12 BTC upon completion of Phase 3, with an expected efficiency of around 17.5 J/TH [5] Operational Developments - The construction of Phase 3 is substantially complete, with installations progressing ahead of schedule [4][13] - HIVE aims to reach a target of 25 EH/s by U.S. Thanksgiving, indicating strong operational momentum [4][12] Management and Community Engagement - HIVE's management emphasizes the importance of combining technological innovation with social responsibility, particularly in supporting educational initiatives in local communities [9][10] - The company has hired 40 young engineers to enhance operational management across its facilities [8] Financial and Market Position - HIVE's current position in the Bitcoin mining infrastructure is significant, with the market capitalization of Bitcoin exceeding $2 trillion [12] - The company is focused on maintaining low-cost operations and maximizing shareholder value through disciplined growth strategies [12]
3 Crypto Stocks To Watch For The Last Week Of September
Yahoo Finance· 2025-09-22 15:11
Group 1: VivoPower International PLC (VVPR) - VivoPower International shares closed at $4.83, down 4.45% on the previous trading day, but could see gains this week due to developments in its crypto-forward strategy [1] - On September 18, VivoPower announced a partnership with Confirmo, enabling the processing of employee payments via stablecoins, which may enhance shareholder excitement and demand [2] - If demand increases, VVPR's stock could strengthen above $5.62 [2] Group 2: HIVE Digital Technologies Ltd. (HIVE) - HIVE shares closed at $3.79, down 1.3%, but may experience gains this week due to expansion in high-performance computing through its subsidiary BUZZ HPC [3] - On September 18, HIVE Digital announced the acquisition of a 7.2-megawatt data center site in the Greater Toronto Area, aimed at supporting AI workloads and providing colocation services [4] - HIVE could strengthen above $3.92 if buying activity accelerates, while a dip below $3.36 is possible if selling pressure increases [5][6] Group 3: Coinbase (COIN) - Coinbase shares fell by 0.20% to close at $342.46, but attention is warranted this week due to the CEO's ambitious plans for a "financial super app" that aims to replace traditional banking services with cryptocurrency technology [7]
HIVE Digital's BUZZ HPC acquires data centre in GTA for AI workloads
Proactiveinvestors NA· 2025-09-18 12:36
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
RETRANSMISSION: BUZZ HPC Closes Acquisition of 7.2 MW Toronto Site to Build Data Centre for Sovereign AI Infrastructure
Newsfile· 2025-09-18 10:00
Core Viewpoint - BUZZ High Performance Computing (BUZZ HPC), a subsidiary of HIVE Digital Technologies Ltd., has acquired a 7.2 MW data center site in the Greater Toronto Area to establish a new Tier III+ data center focused on AI workloads, enhancing Canada's sovereign AI infrastructure [2][3][6]. Group 1: Acquisition and Infrastructure - The newly acquired site will serve dual purposes: providing colocation services for enterprises and deploying BUZZ HPC's accelerated compute clusters for high-performance AI development [3][6]. - The facility is designed for sustainability, utilizing Ontario's clean electricity grid and incorporating liquid-cooling systems to support GPU racks of 150 kW and higher [5][6]. Group 2: Partnerships and Ecosystem - The data center will support BUZZ HPC's partnership with Bell Canada, expanding access to sovereign accelerated compute infrastructure across Canada [4][6]. - Toronto is recognized as a global AI hub, attracting significant investment and fostering a rapidly growing AI workforce, which BUZZ HPC aims to enhance with its new facility [9]. Group 3: Economic and Strategic Importance - Sovereign AI infrastructure is crucial for ensuring sensitive data remains under Canadian law, protecting it from foreign regulations and geopolitical risks [8]. - The investment in this sector is expected to drive economic growth, create high-value jobs, and reinforce Canada's leadership in AI [8][9].