HIVE begins 100 MW buildout. HIVE stock falls 4.45 percent
Published on 10/08/2026 at 17:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- HIVE began a 100 MW Paraguay expansion on October 7, 2026, taking planned renewable capacity there to 400 MW.
- Fiscal first-quarter revenue reached USD 79.12 million, below the USD 81.72 million consensus estimate.
- Lang & Schwarz quoted HIVE at EUR 2.36 on October 8, 2026, down 4.45 percent from EUR 2.47.
HIVE Digital Technologies (ISIN CA4339211035) began building another 100 MW at its Yguazu campus in Paraguay on October 7, 2026, while HIVE stock was trading at EUR 2.36 at Lang & Schwarz on October 8, 2026 at 5:02 p.m. CEST, down 4.45 percent. TokenPost reported that the project would lift HIVE's renewable power capacity in Paraguay to 400 MW.
Three expansion milestones
On October 21, 2025, HIVE announced a 100 MW hydroelectric expansion in Paraguay and set a potential 35 EH/s Bitcoin mining target, according to TokenPost. On August 17, 2026, HIVE signed a five-year AI cloud services agreement valued at USD 350.00 million, according to MinerTerminal. On October 7, 2026, the company started the additional 100 MW buildout, the latest step in that capacity plan.
What does 100 MW add?
The Paraguay project would take HIVE's renewable capacity in the country to 400 MW, while the company's 2026 Bitcoin mining target stands at 35 EH/s. TokenPost also reported 440 MW of operational power capacity worldwide and an installed hashrate of 25.10 EH/s as of March 31, 2026. The buildout therefore adds capacity to an existing operating base rather than creating HIVE's first large-scale power platform.
Revenue rises, earnings remain negative
HIVE reported USD 79.12 million of revenue in fiscal first quarter 2027, compared with the USD 81.72 million consensus estimate, a shortfall of 3.18 percent. The company reported adjusted earnings per share of negative USD 0.54 against consensus of negative USD 0.21 for the quarter ended June 30, 2026, according to MarketBeat on August 14, 2026. The figures leave the expansion story dependent on converting power and computing capacity into profitable AI and mining revenue.
Stock trades below yearly high
HIVE was trading at USD 2.63 on Nasdaq at 11:09 a.m. ET on October 8, 2026. Its 52-week Nasdaq range was USD 1.60 to USD 7.84, while market capitalization stood at USD 719.6 million on the same date.
Price remains under pressure
HIVE was trading at EUR 2.36 at Lang & Schwarz on October 8, 2026 at 5:02 p.m. CEST, down 4.45 percent versus the Lang & Schwarz prior close of EUR 2.47 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of HIVE Digital Technologies stock.
HIVE Digital Technologies stock facts
- Company: HIVE Digital Technologies Ltd.
- ISIN: CA4339211035
- Ticker: HIVE
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 8, 2026, 5:02 p.m. CEST): EUR 2.36
- Change versus prior close: minus 4.45 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 2.47
- Market capitalization: USD 719.6 million (as of October 8, 2026)
- 52-week range: USD 1.60-7.84 (as of October 8, 2026)
- Sector / Industry: Technology / Information Technology Services
Market context: Market report Nasdaq Composite.
