Analyst reiterates outlook on HIVE after the miner reports strong bitcoin growth data
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HIVE Digital Technologies is expected to maintain a global bitcoin network hashrate share of over 2% through 2025, mining a total of 2,311 bitcoins for the year, representing a 31% increase compared to 2024. In December 2025 alone, the company mined 306 bitcoins, a year-on-year increase of 197%, despite a 40% increase in mining difficulty. The company plans to add 100 megawatts of new hydroelectric capacity in Paraguay by the third quarter of 2026. Despite strong operational performance, analysts have mixed outlooks; Keefe, Bruyette Woods recently lowered its target price to $3.50 but maintained a "market perform" rating.
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