HIVE Digital Technologies Ltd (HIVE) Stock Price & How to Invest
Last updated July 2026
Short answer
You can invest in HIVE Digital Technologies (HIVE) by buying shares or fractional shares at any major US broker, through a crypto-mining or blockchain-themed ETF that holds it, or as one holding in a thematic basket. HIVE is a green-energy-powered Bitcoin miner that has pivoted to also build high-performance computing and AI data-center capacity, operating facilities across Canada, Sweden, and Paraguay. The single biggest thing to understand is that this is a highly speculative, volatile stock whose fortunes are tied to the Bitcoin price and to how quickly its newer AI and GPU-cloud business can grow into a steadier cash flow stream, so its results can swing sharply from quarter to quarter.
HIVE stock price
As of 2026-07-14, HIVE Digital Technologies Ltd (HIVE) last closed at $3.18, up 38.1% over the past year. Over the past 52 weeks it has traded between $1.75 and $6.96.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or HIVE Digital Technologies Ltd's investor relations page. Walnut is informational, not investment advice.
What does HIVE Digital Technologies Ltd (HIVE) do?
HIVE Digital Technologies Ltd. is one of the earliest publicly listed digital-asset miners, founded in 2017 and marketing itself as a green-energy-powered operator. It builds and runs data centers across Canada, Sweden, and Paraguay that serve both Bitcoin mining and, increasingly, high-performance computing (HPC) and AI clients. Its revenue comes mainly from mining Bitcoin, which it either sells or holds on its balance sheet, so the top line rises and falls with both the amount of Bitcoin it mines (its hashrate) and the price of Bitcoin itself.
The investment story in 2026 combines rapid mining growth with a deliberate pivot toward AI infrastructure. HIVE grew its Bitcoin mining hashrate dramatically, from roughly 6.5 EH/s to above 25 EH/s, driving full-year revenue up sharply to around $297.8 million. At the same time, through its BUZZ High Performance Computing unit, it has been building GPU-cloud and AI-data-center capacity, with contracted HPC annual recurring revenue reaching tens of millions of dollars and plans for a large AI facility in the Greater Toronto Area. Despite the revenue growth, the company reported large net losses, reflecting the heavy capital spending, depreciation, and energy costs that come with scaling mining and data-center capacity. HIVE is a Canada-based company whose shares also trade in the US, and like all Bitcoin miners it is exposed to the roughly-every-four-years Bitcoin halving that cuts mining rewards.
What's driving HIVE Digital Technologies Ltd (HIVE)?
1. Bitcoin price and mining economics
HIVE's core earnings driver is Bitcoin: the more coins it mines and the higher the price, the better its results. A rising Bitcoin market can lift revenue and the value of any coins it holds far faster than costs rise. This direct leverage to crypto is the main reason investors buy miners like HIVE rather than steadier businesses.
2. Hashrate expansion
HIVE roughly quadrupled its mining hashrate toward 25 EH/s, which raises its share of total Bitcoin mined and its production. Growing hashrate is how miners defend and expand output as network difficulty climbs. Execution on deploying new machines and securing low-cost power is central to whether that expansion translates into profit rather than just scale.
3. AI and high-performance computing pivot
Through its BUZZ HPC unit, HIVE is building GPU-cloud and AI-data-center capacity, with contracted recurring revenue in the tens of millions and a planned large AI facility near Toronto. This pivot aims to diversify away from pure crypto toward steadier, contracted cash flow. Whether it can win and retain AI customers at scale is a key swing factor for the multi-year story.
4. Green-energy positioning and cost of power
HIVE emphasizes green-energy-powered operations, which can matter for both cost and reputation as data centers face scrutiny over power use. Energy is one of the largest inputs for both mining and AI compute, so access to cheap, reliable, low-carbon power is a structural advantage. Managing power contracts across Canada, Sweden, and Paraguay is central to its margins.
What are the risks to HIVE Digital Technologies Ltd (HIVE)?
The dominant risk is Bitcoin price volatility: because revenue and the value of held coins track the crypto market, a sharp Bitcoin decline can quickly turn a profitable quarter into a large loss. The roughly-every-four-years halving cuts mining rewards and can pressure all miners at once. HIVE has reported large net losses even amid revenue growth, a reminder that scaling mining and AI capacity is capital-intensive and can burn cash. The AI and HPC pivot adds execution risk: winning and retaining data-center customers is a new, competitive business against far larger cloud providers. Rising network difficulty, energy-cost swings, equipment obsolescence, potential share dilution to fund expansion, and evolving crypto regulation all add further uncertainty. This is a speculative small-cap stock that can move violently on crypto and macro news.
How is HIVE Digital Technologies Ltd (HIVE) valued? (approximate, Jul 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see HIVE Digital Technologies Ltd's investor relations page or your broker.
- Revenue trajectory: Full-year revenue around $297.8 million, up sharply (roughly 158%) on higher hashrate
- Profitability: Large net loss reported (around negative $145 million) despite revenue growth
- Bitcoin mining scale: Hashrate expanded from about 6.5 EH/s to above 25 EH/s
- AI / HPC revenue: Contracted high-performance-computing recurring revenue in the tens of millions
- Balance sheet: Holds Bitcoin on its balance sheet; capital-intensive expansion funded partly through equity
- Valuation lens: Trades as a leveraged crypto and AI-infrastructure play; results tied to Bitcoin price and buildout execution
Figures are approximate and tied to the asOf date; verify live numbers before acting. For a Bitcoin miner, traditional earnings multiples mean little because results swing with the crypto cycle, coin holdings are marked to a volatile price, and heavy depreciation distorts reported profit. What matters more is hashrate growth, cost of power, Bitcoin price, and progress on the AI and HPC pivot. This is a speculative stock and its valuation reflects sentiment on crypto and AI as much as company fundamentals.
Who competes with HIVE Digital Technologies Ltd (HIVE)?
Publicly traded Bitcoin miners
Marathon Digital (MARA), Riot Platforms (RIOT), CleanSpark, Cipher Mining, Bitfarms, and TeraWulf compete for hashrate, low-cost power, and mining machines. Like HIVE, they trade largely as leveraged bets on Bitcoin, and several are also pivoting some capacity toward AI and high-performance computing.
AI data-center and HPC providers
As HIVE builds GPU-cloud and AI capacity through BUZZ HPC, it steps into a market served by dedicated AI-infrastructure firms like CoreWeave and Nebius, plus the vastly larger hyperscale cloud providers. These rivals have far greater scale and capital, making customer acquisition a real challenge for a miner-turned-AI-host.
Direct crypto exposure alternatives
Investors seeking Bitcoin exposure without a single operating company can use spot Bitcoin ETFs or hold Bitcoin directly. These avoid company-specific execution and dilution risk but forgo any upside from HIVE's hashrate growth or AI pivot, offering a purer, less leveraged way to bet on the crypto theme.
How to invest in HIVE Digital Technologies Ltd (HIVE)
There are three common ways to get HIVE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so HIVE sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where HIVE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on HIVE Digital Technologies Ltd (HIVE)
HIVE is a leveraged, high-volatility bet on Bitcoin mining economics with an emerging AI and high-performance-computing pivot layered on top. It rewards a strong crypto market and successful AI buildout, and punishes weakness in either. The question is how much speculative crypto and AI-infrastructure risk fits your portfolio.
Build a basket around HIVE with Walnut
Use HIVE Digital Technologies Ltd as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Is HIVE a good stock to buy right now?
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That depends on your goals, time horizon, and risk tolerance, and this is not investment advice. The bull case is rapid hashrate growth, a green-energy positioning, and an AI and high-performance-computing pivot that could add steadier revenue. The bear case is that HIVE is a speculative, money-losing Bitcoin miner whose results swing with the crypto price and that faces heavy capital needs and larger AI rivals. Weigh both against your portfolio.
What does HIVE Digital actually do?
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HIVE mines Bitcoin using data centers powered by green energy across Canada, Sweden, and Paraguay, and it is expanding into high-performance computing and AI infrastructure through its BUZZ HPC unit. Its main revenue comes from Bitcoin it mines and either sells or holds, so its results track the amount of coins produced and the Bitcoin price.
Why is HIVE's stock so volatile?
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HIVE's revenue and the value of the Bitcoin it holds move with the crypto market, so a swing in Bitcoin prices flows straight through to its results. Mining also has high fixed costs, which amplifies the effect. Add the roughly-every-four-years halving, heavy capital spending, and an unproven AI pivot, and you get a stock that can move sharply on crypto and macro news.
How does HIVE make money?
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HIVE earns most of its revenue by mining Bitcoin: it runs specialized computers that secure the network and earn coins, which it sells or holds. It is adding a second stream through BUZZ HPC, renting out GPU-cloud and AI data-center capacity under contracts. The mining side is tied to Bitcoin's price, while the AI side aims for steadier, recurring revenue.
What is the Bitcoin halving and why does it matter for HIVE?
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About every four years, the reward miners receive for adding a block of Bitcoin transactions is cut in half. That reduces the coins HIVE earns per unit of computing power, pressuring revenue unless the Bitcoin price or its hashrate rises to compensate. The halving is a structural headwind that affects all miners and is a key reason mining economics are cyclical.
Is HIVE profitable?
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HIVE has grown revenue sharply but reported large net losses, reflecting the heavy capital spending, depreciation, and energy costs of scaling mining and AI capacity. As a capital-intensive miner in an expansion phase, it can burn cash even when revenue is rising. Always check the latest filings for current profitability before assuming anything about its earnings.
How does HIVE's AI pivot fit into the story?
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Through its BUZZ HPC unit, HIVE is repurposing infrastructure and building new capacity to serve AI and high-performance-computing customers, aiming to diversify beyond volatile crypto into steadier, contracted revenue. It has signed contracts worth tens of millions and plans a large facility near Toronto, but it competes with far larger cloud providers, so execution is unproven.
How can I get exposure to HIVE through an ETF?
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HIVE appears in some crypto-mining, blockchain, and digital-asset ETFs, where it sits among other miners and crypto-linked names. ETF exposure spreads single-stock risk across many holdings but dilutes how much any HIVE move affects you. Always check a fund's holdings and weighting before assuming meaningful exposure to HIVE specifically.
What are the main risks of investing in HIVE?
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The central risk is Bitcoin price volatility, since revenue and held coins track the crypto market and can swing a quarter from profit to loss. The halving cuts mining rewards, capital spending is heavy, and the company has reported large losses. The AI pivot is unproven against bigger rivals, and share dilution and crypto regulation add further uncertainty. This is a speculative stock.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with HIVE Digital Technologies Ltd's investor relations page or your broker before making investment decisions.