₿$76,388.41▲ 0.06%
HIVE Digital Technologies Ltd.
HIVE🇨🇦Reserve
HIVE Digital Technologies is a Canadian Bitcoin mining company operating green energy-powered data centers in Canada, Sweden, Iceland, and Paraguay. The company mines and holds Bitcoin as a core treasury asset and also operates high-performance computing (HPC/AI) services through its BUZZ subsidiary.
BTC Holdings
2,100 BTC
Insufficient history
Stock Price
$2.22
180d
Total financing
128.78M USD
180d
mNAV
3.98x
180d
Leverage
71.5%
180d
BTC Credit
0 bps1.4x
Sats/Share
730
180d
Mkt capFD
638.99M USD
SharesFD
287.83M
Fiat reserve
14.07M USD
Total reserve
174.48M USD
Dilution
18.4%
BTC mix
0%
Analytics
BTC Coverage
Financials
US-GAAPQuarterlyAs of 2025-12-31
Balance Sheet
Total Assets$624M▼10.0%
Total Liabilities$64.7M▼5.3%
Stockholders' Equity$559.3M▼10.5%
Cash & Equivalents$14.1M▼37.9%
Total Debt$13.8M
Digital Assets$42.1M
Income Statement
Revenue$93.1M▲6.7%
Operating Income—
Net Income$-91.3M▼478.1%
Interest Expense$299K▼8.8%
Cash Flow
Operating Cash Flow$46M▲12075.3%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| HIVE-Apr31 | Apr '26 – Apr '31 | 0% | 115.00M USD | 115.00M USD | 2.57 USD | — |
| Total | 115.00M USD | |||||
Disclaimer
Includes 1,619 BTC transferred as equipment deposits with repurchase options. Balance sheet holdings: 481 BTC.
Recent Changes
Tue, Apr 21, 2026
Debt OutstandingIssuanceHIVE-Apr31
115.0M
Form 8-K (closing of $115M 0% exchangeable senior notes due 2031)
Wed, Dec 31, 2025
BTC Holdings
2.2K→2.1K-101 BTC(-4.6%)
481 on balance sheet + 1,619 transferred as equipment deposits (repurchase option at $87-88K/BTC)
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)Shares Outstanding
165.6M→243.1M+77.5M(+46.8%)
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)
Debt OutstandingRepaymentHIVE-Jan26
15.0M→0-15.0M(-100.0%)
Fully repaid in cash — never converted
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)Debt OutstandingRepaymentHIVE-Boden35
13.0M→11.3M-1.7M(-13.1%)
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)
Debt OutstandingRepaymentHIVE-AtlTL
3.6M→2.5M-1.1M(-30.1%)
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)
Fiat Reserve
23.4M→14.1M-9.3M(-39.8%)USD
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)
ATM Activity2025-10-01 – 2025-12-31
4.9M shares$22.0M
November 2025 ATM Equity Program
Q3 FY2026 Interim Financial Statements (Dec 31, 2025)