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What's Going On With HIVE Digital Technologies Stock?
Description
HIVE Digital Technologies Ltd shares rose Tuesday, building on momentum from Monday’s update that Bitcoin production climbed 22% in August, according to Benzinga. The company mined 247 BTC, averaging 8 BTC per day, as it advanced expansion efforts in Paraguay. HIVE completed Phase 2 of its Yguazu Project and progressed on its 100 MW Phase 3 Valenzuela site, lifting its global fleet to 18.5 exahashes per second. Management reiterated its target of reaching a 25 exahashes per second hashrate by November 2025. Shares gained 13.46% to $2.951 on Tuesday afternoon, according to Benzinga Pro.
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