In January 2026, HIVE Digital Technologies produced 297 BTC, representing a 191% year-over-year increase from 102 BTC in January 2025. The company averaged 9.6 BTC per day despite a 30% rise in Bitcoin network difficulty over the same period. This output underscores HIVE’s fleet efficiency and its ability to scale production through volatile mining conditions, including severe cold fronts in the northern hemisphere.

HIVE’s global hashrate averaged 22.2 EH/s during the month, peaking at 23.7 EH/s, up 290% from 5.7 EH/s in January 2025. The company sustained more than 2% of the total Bitcoin network hashrate, driven by optimized operations across Tier-1 and Tier-3 facilities in Canada, Sweden and Paraguay. Fleet efficiency reached 17.5 J/TH, while the ratio of BTC produced per EH/s stood at 13.4, reflecting best-in-class power utilization.

HIVE executed cashless exercises on 480 BTC from its 2025 pledge, realizing approximately $7.4 million in value at an average strike price near $102,000. Proceeds funded the acquisition of 2,667 Bitmain S21 XP ASIC miners, now being installed at the Yguazú site in Paraguay. These upgrades are expected to lift total installed hashrate to 25.5 EH/s and improve fleet efficiency to 17 J/TH, lowering cost per hash and enhancing operating margins without requiring additional cash outlays.

The company currently operates on 440 MW of renewable-powered energy and has contracted an additional 100 MW for deployment in Q3 2026, bringing total green energy capacity to 540 MW. This expanded footprint will support both further hashrate growth and potential high-performance computing or AI workloads, positioning HIVE to leverage its decentralized infrastructure for diversified digital economy services.