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Hive Digital Technologies Ltd stock has reached a 52-week high, hitting a price of 5.54 USD. This milestone reflects a significant upward trend, with the stock delivering impressive returns of 217% over the past six months and 56% year-to-date. According to InvestingPro analysis, the stock’s RSI suggests overbought territory, while the company maintains a healthy balance sheet with a current ratio of 3.42. The surge in Hive’s stock price underscores the company’s robust performance and market confidence, marking a noteworthy achievement in its financial journey. Trading at a P/E ratio of 15.9 and currently appearing overvalued based on InvestingPro’s Fair Value model, investors are closely watching to see how Hive continues to navigate the evolving digital landscape and maintain its growth trajectory. The company’s financial health score is rated as GOOD, with analysts projecting continued sales growth in the current year.
In other recent news, HIVE Digital Technologies Ltd. reported a 22% increase in Bitcoin production for August 2025, mining 247 BTC compared to 203 BTC in July. The company’s average daily production reached 8 BTC with an average hashrate of 16.3 EH/s during August, peaking at 18.1 EH/s. In addition, HIVE Digital announced the completion of Phase 2 of its Yguazú facility ahead of schedule, surpassing 18 exahash per second (EH/s) of global Bitcoin mining capacity. The company is now mining over 8.5 Bitcoin per day globally, with its operations in Paraguay powered by renewable hydroelectric energy from the Itaipú Dam.
Furthermore, HIVE Digital Technologies has acquired a 7.2 megawatt data center in Toronto through its subsidiary, BUZZ High Performance Computing. The facility will be upgraded from Tier 1 to Tier 3 standards to support high-performance computing and artificial intelligence workloads. These developments highlight the company’s efforts to expand its infrastructure and increase its production capabilities.
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