HIVE Digital Technologies Provides August 2025 Production Report With 22% Monthly Increase In Bitcoin Production And Phase 3 Expansion

(MENAFN- Newsfile Corp) This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.

San Antonio, Texas--(Newsfile Corp. - September 8, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a diversified multinational digital infrastructure company, today announced a 22% month-over-month increase in Bitcoin production for August 2025, reflecting both operational strength and continued expansion in Paraguay.

August 2025 Production Highlights

• Bitcoin Produced: 247 BTC (vs. 203 BTC in July)

• Average Daily Production: 8 BTC/day

• Hashrate: Average hashrate of 16.3 EH/s in August, reaching a peak of 18.1 EH/s.

• Fleet Efficiency: ~18.5 J/TH

• BTC per EH/s: 15.2 BTC

With Phase 2 of the Yguazú Project completed, HIVE exceeded 18 EH/s of global mining capacity during the month, now producing over 8.5 BTC per day powered by renewable hydroelectric energy.

Phase 3 Valenzuela ASICs Online

Construction at the 100 MW Phase 3 Valenzuela site is now substantially complete. Deployment of ASICs has begun, with the first six Bitmain S21+ Hydro containers (≈350 PH/s) now online. As of today, HIVE's global fleet totals 18.5 EH/s.

This milestone represents the third 100 MW of green energy infrastructure in Paraguay, moving HIVE closer to its target of 25 EH/s by U.S. Thanksgiving 2025. All Phase 3 ASICs are fully funded, with additional units scheduled for delivery in the coming weeks.

Upon completion, HIVE anticipates daily Bitcoin production of ~12 BTC, based on current network difficulty. At that scale, HIVE expects to represent approximately 2.5-3% of the global Bitcoin mining network, operating at ~17.5 J/TH efficiency.

Management Commentary

Frank Holmes, Co-Founder and Executive Chairman, commented:

"After starting 2025 at 6 EH/s, our global team has already scaled capacity by 200%. This remarkable achievement highlights our ability to execute across nine time zones, three continents, and three languages. As we grow, we also remain committed to being responsible stewards, creating economic opportunities in the communities where we operate."

Aydin Kilic, President & CEO, added:

"Our focus is now on accelerating deployment at Valenzuela. Led by our Paraguayan country president Gabriel Lamas, the team has exceeded expectations at every stage. We look forward to reaching our target of 25 EH/s by U.S. Thanksgiving, further strengthening HIVE's position in the Bitcoin network and delivering enduring value to shareholders."

Darcy Daubaras, CFO, stated:

"In the Bitcoin mining sector, investors and analysts are focused on hashrate expansions EH/s and daily Bitcoin production as critical indicators of a company's growth and operational efficiency and potential. These metrics, particularly EH/s milestones, are the lifeblood of valuation in this industry, as they directly drive revenue potential in a highly competitive and capital-intensive market. We understand this, which is why we promptly announce each EH/s increase, recognizing its materiality to investors. Timely disclosure of these milestones through press releases is essential, as it signals growth but also strategic positioning in a volatile market. Investors expect these updates to be swift and transparent."

Operational Outlook

HIVE expects future growth to remain consistent with the economics of its Paraguay operations. Each incremental exahash adds to daily Bitcoin production and revenue potential, while operating costs remain predictable due to fixed-rate hydroelectric power and minimal incremental labor. Power expenses scale proportionally EH/s with machine usage and are aligned with current cost structures. Actual results may vary depending on network difficulty and Bitcoin prices

About HIVE Digital Technologies Ltd.

Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure data centers, powered exclusively by renewable hydroelectric energy. With a global footprint in Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.

For more information, visit hivedigitaltech , or connect with us on:

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On Behalf of HIVE Digital Technologies Ltd.

"Frank Holmes"
Executive Chairman

For further information, please contact:

Nathan Fast , Director of Marketing and Branding

Frank Holmes , Executive Chairman

Aydin Kilic , President & CEO

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