HIVE Stock Gains Pre-Market As Bitcoin Production Hits 2025 Record
Synopsis
Hive produced 289 Bitcoin in October, representing a 147% year-over-year rise and marking a new high for 2025.
Hive Digital’s (HIVE) stock jumped in pre-market trade on Monday after the company announced its highest Bitcoin (BTC) production numbers this year.
The company also confirmed the completion of its Phase 3 Valenzuela expansion in Paraguay, bringing total operational mining capacity to over 24 exahashes/second (EH/s). Hive said its strong mining performance is what is allowing the company to continue its expansion into Tier III+ artificial intelligence and high-performance computing (HPC) data centers across Canada.
HIVE’s stock jumped as much as 7% in pre-market trade. However, retail sentiment on Stocktwits dipped to ‘extremely bearish’ from ‘bearish’ over the past day.
Highest Bitcoin Production In 2025
Hive produced 289 Bitcoin in October, representing an 8% increase from last month and a 147% year-over-year rise, marking a new high for 2025. HIVE’s operational hashrate averaged 21.9 EH/s, with peaks at 23.6 EH/s, supported by 300 megawatts of mining capacity in Paraguay.
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