HIVE digital technologies is transitioning from Crypto mining to AI Data centers the same way everyone is, but they’re taking a winning approach.
They own a marginal percentage of the industry but are answering the energy bottle neck the best.
They’re primarily operating in these countries:
Sweden 🇸🇪
Canada 🇨🇦
Paraguay 🇵🇾
These are 3 of the best counties from an energy perspective. Canada and Sweden provide the perfect climate to support the infrastructure. Paraguay is one the most energy rich countries in the planet using renewable energy. Paraguay has a surplus of energy from hydroelectric sources, primarily the massive Itaipú Dam which is where Hive’s Yguazú Campus derives its energy from. This facility recently expanded to 300 mw of energy and is currently in phase 3 expansion to 400 mw by the end of 2026.
By using these countries they are able to produce more energy for a lower cost, the industry is currently dominated by the US, and local and state governments are continuously fighting data centers in the states while Paraguay is actively trying incentivize more data centers as recently as January of this year.
Things are heating up in this space and at a 1.1 billion dollar market cap HIVE can deliver massive upside if companies pragmatically pivot to diversify its datacenter infrastructure outside of the US.
Position:
3270 shares at 3.60
Will be adding tm.
Sources/more information
https://hashrateindex.com/blog/the-state-of-bitcoin-mining-in-paraguay-2026-2/
Ai chart, it’s spotty on the MW projected vs current capacity but gives a rough overview of the Industry.