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news-imageMarch 19, 2025

HIVE Digital completes acquisition of Paraguay's Yguazú site, seeks 317% mining boost

HIVE Digital has acquired Bitfarms' 200 MW hydro-powered facility in Paraguay, expanding its mining capacity by 317%.
Publisher: Crypto news
Sentiment: Positive
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cover-imageProactive Investors
February 21, 2025

HIVE Digital sees 400% growth in Paraguay - ICYMI

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) director and president for Sweden Johanna Thörnblad talked with Proactive about the company's expansion into Paraguay, where it is growing its Bitcoin mining and data centre operations using renewable energy. She highlighted how HIVE has prioritized green energy in its global strategy, leveraging hydro and wind power across Sweden, Canada, and now Paraguay.

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