1. With Bitcoin, which exceeds $ 100,000, how the BTC-supported growth strategy for BTC used to use your public budget for ASIC-you have expanded its scope without getting debt?
In Hive, we always thought that Bitcoin is not just a commodity, but it is one of the strategic assets. Our hybrid strategy reflects this belief. We have historically kept a large part of the bitcoin in which we dump, put ourselves to take advantage of the long -term prices.
At the same time, we understand the importance of studied strategic growth. Our last expansion in Paraguay is an ideal example of this balance. By taking advantage of part of our Bitcoin’s possessions to finance this initiative, with the strategic option to rebuild BTC at a price lower than the market value today, we have been able to expand useful without reaches debt.
This Bitcoin -backed growth strategy allows us with our global classification this summer three times this summer, while maintaining bullish exposure to Bitcoin and avoiding debts. It is a model that we think distinguishes the cell, which shows how digital assets can be used not only to maintain value, but also to increase sustainable and effective capital.
2. I have organized ASIC purchases with the re -purchase option. Can you explain how this works and how Hive gives a strategic advantage in managing volatility?
We have used Bitco Hodl as a pledge of $ 87,000, which means that we can rebuild Bitcoin at this price at any time this year. With Bitcoin trading in a range of $ 105,000, this means immediate profit (if practiced) about $ 20,000 per bitcoin. Or, if we want to return Bitcoin Hodl to more than 2000, we can do this, which is what we would like to do, and re -buy this bitcoin for $ 87,000. This is the Trax strategy because we can use the cash flow from the processes (which is getting more monthly as our vashore grows from 10 EHS to 18 EH and then 25 EHS), to buy Bitcoin at these prices. Or, given that our share price pools where HIVE is reclassified in many market value of more than $ 500 million, and the market rate of $ 1 billion, the cost of our property rights is declining dramatically, so that we can use our property rights in a much higher evaluation to buy Bitcoin again at this attractive price!
3. Given the expected HIVE capabilities to generate about one million dollars of BTC revenue per day in 18 EH/S, what is your goal of your margin in BTC with the Boiled BTC – and how much is this if Bitcoin decreases to less than $ 100,000 again?
Sustainability through all market courses is an essential part of our strategy. Once we have 25 eH/s, we will have the efficiency of a global fleet of 17.5 J/th. This means at Bitcoin price of $ 120,000, and the total mining margin is about 60 %. Moreover, the HIVE HIV price is approaching $ 20 per acidity per day, which means this, at current difficulty levels, Bitcoin can decrease to $ 50,000 and can continue to extract a profitable extraction. We work with one of the most kind teams in this industry, and we maintain the lowest G & A expenditures between our peers, and we are very disciplined with the customer customer. This efficiency keeps our cost structure capable of competitiveness, allowing us to remain profitable even if Bitcoin decreases. We haven’t seen Hassprice a lot less than $ 40 in this half -course, so we expect that after 2028 to half before we can see $ 20 USD, and HIVE is placed to win the mines until then with its current fleet!
4. HIVE has just passed 8.3 EH/S, which is on the right path to Triple that by Q4 2025. What is the main infrastructure or logistical challenges facing it as it aims to reach 25 EH/S?
HIVE has made strong progress, completing and activating the first 100 megawatts stage on our Yuguazú website with a mixture of royal tannine miners and chilled units with S21+. Stage 2 is well ongoing, with more than 13400 units that have already shipped, and the full stage will add 6.5 EH/s, making us to 18 EH/S.
Next, we prepare our Valenzuela site for 100 MW of air -browned infrastructure, with publication increased from August to November. This puts us to exceed 25 EH/S ranking among the best global Bitcoin miners.
While we are on the right track, we are still cautious. It can provide continuous global supply chain problems and commercial tensions related to the delay tariffs. Our team runs these risks actively to ensure our survival on our publishing schedule.
5. Why is Paraguay a pivotal point to expand you, and how does that geography help you achieve the efficiency and size you are targeting?
Paraguay offers a rare mixture of advantages that are completely in line with the HIVE strategy. Provides access to abundant, green and low -cost hydroelectric energy from the ITAIPú Dam, the largest in the Western hemisphere. The country is politically stable, and has a surplus of clean energy, and benefits from consistent revenues provided by the dollar, which supports economic reliability.
We have created strong relations at the highest levels of government, including direct participation with the president, ensuring long -term alignment and supporting infrastructure. This environment allows us to expand efficiently as our commitment to sustainable and cost -effective mining.
6. With the development of 100 megawatts and 200 megawatts in development, how will you guarantee the trusted standing and reliable performance through the aquatic powder centers in South America?
HIVE has always given priority to operating excellence and the pioneering time in industry in all our global sites, and expanding us in Paraguay is not an exception. To lead our efforts on the ground, we have appointed Gabriel Lamas as head of Paraguay.
Gabriel is a seasoned electrical engineer with more than 20 years of energy in energy and infrastructure projects on a large scale throughout Latin America. His leadership formed both digital landscapes and energy in the region, including the main roles in BitFarms and Paraguay National, Andy.
Under his supervision, we build international aquatic energy -powered data centers with a strong focus on reliability, network integration, and performance. It ensures its deep technical knowledge and a busy record in improving energy, we maintain high HIVE standards while expanding its scope in South America.
7. You are placed as a global leader in sustainable retail. How can you identify and connect the environmental impact of your processes of stakeholders and organizers?
In hive, sustainability is not just a value. It was combined with how we work. In Canada, we recycle the heat from our Data Center in Lachute to run a 200,000 square feet manufacturing facility, providing our partner hundreds of thousands of dollars annually in heating costs. It is a clear example of how to serve the broader industrial ecosystems.
In Paraguay, we expand a mentality of the influence of society. After an interview with the Cordelra ruler, we adhered to the prediction of 18 rural schools that are not currently enjoying power. This type of local participation reflects our belief in carrying out business in the right way by creating value not only for shareholders but also for the societies in which we work.
We convey these efforts transparently with stakeholders and direct dialogue with the organizers, which indicates that high -performance mining can be effective and responsible.
8. Are there plans to apply your aqueous water-powered model in other geographical areas-or even partnership with governments that are looking to allocate surplus renewable energy through bitcoin mining?
Our immediate focus is on implementing our road map to 25 EH/S by the end of the year. However, we see great potential in partnership with governments and facilities around the world to help liquefy the surplus renewable energy through sustainable bitcoin mining.
We have proven that our aquatic model works, and we are open to expanding it as it corresponds to our strategic values and goals. So, I would simply say: Stay tuned.
9. Do you see the mining working with clean energy as the standard of industry-mother that it will remain a competitive advantage for the cell cell while struggling with other miners with high energy costs and debts?
Sustainable mining has been essential in HIVE since the first day. It drives how and place our growth, which causes us to be very selective in choosing sites with access to clean low -cost energy.
Whether we can see the industry standard, but for the time being, it is still a clear competitive advantage. Since many miners face high energy costs and debt burdens, our early adherence to green energy gives us operational stability and cost efficiency others are now racing to repeat.
10. What is your view of Bitcoin mining margins over the next 12 to 18 months-especially with the upcoming Halforms, energy price fluctuations and potential prices that depend on ETF?
We believe that the real bull market for workers has not yet reached. The continuous retail price in 80 to $ 120 per peahash per day would reflect a real power. We are currently about 55 dollars, so there are no meaning potential.
Our focus remains on operational excellence and cost discipline. With energy fluctuation and uncertainty in macro, keeping lean and effective is more important than ever. With the expansion of the 25 EH/S domain, our goal is to rebuild Hodl to more than 2000 bitcoin. This long -term exposure, associated with low -cost clean energy operations, places a cell to flourish in all market conditions.
