Hive Digital Technologies: Scaling Up to Shape the Next Era of Bitcoin
In a world where digital finance is becoming less of a concept and more of a cornerstone, Hive Digital Technologies is acting fast. The company is set to quadruple operations in 2025, with a clear goal: to secure 3% of the global bitcoin mining network. What sets Hive apart is its commitment to green energy, building a tech-forward infrastructure that's both scalable and environmentally conscious. With this expansion, Hive isn't just riding the crypto wave—it's laying down long-term roots in the evolving digital asset economy.
For those watching the future of finance unfold, Hive's momentum reflects the growing intersection of blockchain, sustainability, and global scale.
Published by BTV - The Agency
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
9 hours ago
- Globe and Mail
Ethereum Is Soaring. 3 Reasons Investors Should Pay Attention.
Key Points Ethereum is now up 65% over the past 30 days, and is starting to decouple from Bitcoin. Ethereum's recent performance could signal the arrival of "altcoin season," when risky, speculative cryptocurrencies tend to outperform. New crypto legislation is opening up high-growth opportunities for Ethereum in areas such as stablecoins. 10 stocks we like better than Ethereum › Seemingly out of nowhere, Ethereum (CRYPTO: ETH) has become one of the hottest cryptocurrencies on the planet. It's now up 65% over the past 30 days, and analysts are busy ratcheting up their price targets for just how high Ethereum might go in 2025 and beyond. Ethereum's rapid rise over the past few months could have important implications for your investment portfolio. Here are three reasons why investors should be paying attention. The arrival of "altcoin season"? Ethereum's rise has been so meteoric that it is now outpacing Bitcoin (CRYPTO: BTC), which is only up 15% over the past 30 days. This isn't supposed to happen. Historically, there has been a very tight correlation between price movements in Bitcoin and Ethereum. As a result, some investors are already starting to suggest that Ethereum's decoupling from Bitcoin could signal the arrival of "altcoin season." This is the time of the year when investors shift away from Bitcoin and into riskier, more speculative cryptocurrencies (such as viral meme coins) in search of higher returns. Typically, the first tell-tale sign of "altcoin season" is when Ethereum starts to overheat. This is then followed by money flowing into riskier and riskier cryptocurrencies, until a vast speculative bubble starts to form. If history is any guide, this is what could be happening now. Already, investors are starting to talk up the types of cryptos that might "pop" during this altcoin season. So, any vacation you might have planned during August could be the perfect time to think about ways you can diversify your portfolio away from Bitcoin in order to capture some of this potential upside. New momentum for Ethereum in two key areas Two new pieces of crypto legislation -- the Genius Act and the Clarity Act -- are now passing through Congress, and hopes are already building about what this could mean for Ethereum. The thinking here is that the combination of the Genius Act (which governs stablecoins) and the Clarity Act (which provides a regulatory framework for all digital assets) might create a sort of "perfect storm" for Ethereum's future development. That's because Ethereum is a powerhouse when it comes to both stablecoins and decentralized finance (DeFi), and these are exactly the two areas of the crypto market that this new legislation is designed to help. With that in mind, investors need to keep their eyes open for new investment opportunities that involve DeFi, and especially those that involve stablecoins. The hype around stablecoins might be a bit overblown, but even the most cynical investor has to admit that something huge is happening here. Stablecoins have grown from a sleepy $20 billion industry in 2020 to a $250 billion industry today. And Treasury Secretary Scott Bessent thinks stablecoins could hit $2 trillion within just a few years. A new way to invest in Ethereum Finally, keep your eyes open for new ways to invest in Ethereum. Arguably, the most exciting of these opportunities are the new Ethereum Treasury Companies that have been appearing ever since the end of May. There are now three publicly traded companies -- Bitmine Immersion Technologies (NYSEMKT: BMNR), Bit Digital (NASDAQ: BTBT), and SharpLink Gaming (NASDAQ: SBET) -- that have ditched their old business models and gone all-in on Ethereum. And one more -- The Ether Machine -- is on its way. The goal of these companies is to become "the Strategy (NASDAQ: MSTR) of Ethereum." Strategy has become one of the top-performing publicly traded companies in the world by building up a massive Bitcoin position on its balance sheet. In a similar way, companies are now racing to amass Ethereum on their balance sheets, in the hopes of delivering similar types of performance. For investors, this opens up new possibilities. It might be the case, for example, that you can earn higher returns by investing in these Ethereum Treasury Companies than by investing in Ethereum itself. Before you invest in Ethereum Does all this sound too good to be true? Maybe it is. After all, even though Ethereum has turned in some blistering performance of late, it's still only up 10% for the year. If you look at a chart for Ethereum for 2025, you'll see that it's been a roller coaster ride. Ethereum was on a rapid downward path for the first five months of the year, and is now rising nearly as fast on the upside. As a result, some of the updated price forecasts for Ethereum might be overly optimistic. The all-time high for Ethereum is under $5,000, but some are already predicting that Ethereum could hit $15,000 soon. That just doesn't seem to be realistic. So before you invest in Ethereum, make sure you do your due diligence. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
Globe and Mail
10 hours ago
- Globe and Mail
Should You Buy Palantir Technology Stock Before Aug. 4?
Key Points Palantir is taking the high ground in the artificial intelligence (AI) software revolution. The company has delivered nine consecutive quarters of accelerating revenue and profit growth thanks to its state-of-the-art AI solutions, and shows no signs of slowing. Its pricey valuation might send some investors packing, but its growth story will play out over the next decade. 10 stocks we like better than Palantir Technologies › The advent of artificial intelligence (AI) several years ago sparked a paradigm shift in technology that will likely continue for the next decade. Generative AI has the potential to streamline processes, increase productivity, and drive more profits to the bottom line. This has large and small businesses alike eager to join the AI revolution, but many simply don't know how to get started. Palantir Technologies (NASDAQ: PLTR) recognized the need and responded accordingly. The company developed a system designed to provide real-time, data-driven solutions while providing companies with a way to get started, and the results speak for themselves. The stock has gained 421% over the past year (as of this writing) and is up 1,890% since AI went viral in late 2022. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » The company faces a key test with investors when Palantir reports its second-quarter results after the market close on Aug. 4. Given the stock's blistering returns over the past year, should investors buy Palantir stock ahead of this crucial financial report, or wait until after the results have been made public? Let's see what we can learn from the available evidence. AI before it went viral While generative AI has been all the rage over the past couple of years, Palantir has been developing data mining and AI solutions long before it became fashionable. The company worked in relative obscurity for years, designing AI-powered solutions for U.S. intelligence agencies and other federal departments. After establishing itself as the gold standard for government AI solutions, Palantir turned its attention to corporate America and created a platform that could devise elegant solutions to everyday business problems. By connecting siloed business software systems through a central dashboard, Palantir created a system that provides data-driven intelligence and actionable insights. The company's most recent brainchild, its Artificial Intelligence Platform (AIP), leverages company-specific information to craft custom solutions. Many business executives are keen to benefit from the windfall of AI, but have no idea how to implement the appropriate systems. That's where Palantir comes in. Business executives and developers are partnered with Palantir engineers to create solutions for their most pressing issues. "These immersive, hands-on sessions allow new and existing customers to build live alongside Palantir engineers, all working toward the common goal of deploying AI in operations," Palantir said. Its success is irrefutable. In the first quarter, Palantir's revenue grew 39% year over year, while adjusted earnings per share (EPS) jumped 63%. That's only part of the story. Palantir's U.S. commercial revenue -- which includes AIP -- surged 71%, while the segment's customer count climbed 65%. Additionally, the segment's remaining deal value (RDV) -- which provides a glimpse into the company's future growth trajectory -- soared 127%. It's also worth noting that each of these growth rates is accelerating. Furthermore, sales and profits have ratcheted higher for nine consecutive quarters, with no signs of slowing. Wall Street's (short-term) view The stock's parabolic run over the past few years has kicked its valuation into the stratosphere. Palantir is currently selling for 255 times forward earnings and 90 times forward sales, which most investors would concede is a pricey valuation, and Wall Street seems to agree. Of the 25 analysts who offered an opinion on Palantir in July, only four rate the stock a buy or strong buy, while 16 recommend holding, and five rate it underperform or sell. That means 84% of analysts don't believe Palantir is a buy right now. However, it's important to point out that Wall Street analysts tend to focus on the next 12 to 18 months. Given that Palantir's growth story is expected to play out over the next decade or longer, the two views are at odds. Furthermore, those disparate opinions can both be right: In the short run, Palantir stock could fall or enter a period of multiple compression, in which the fundamentals continue to improve while the stock remains range-bound. It could also be a massive winner over the next decade for investors with the intestinal fortitude to hold through the volatility that's sure to come. Focus on the long-term Given the current environment and the unresolved issues of inflation and tariffs, it's easy to imagine executives delaying unnecessary spending. That said, the economic uncertainty could be a catalyst for Palantir, according to Ark Investment Management CEO Cathie Wood. "When businesses and consumers are scared, they'll change the way they do things, and that's usually good for the companies that are helping others do things better, cheaper, faster, more creatively, and more productively," she said. Wood believes Palantir's proprietary solutions position the company well for the continued adoption of AI. "We think Palantir is going to be one of the biggest beneficiaries as companies try and make themselves more efficient and move into the AI age," she said, "You've got the C-suite really trying to figure this out, understanding strategically that if they don't jump into the AI age, they'll be left behind." There's more. In a post on X (formerly Twitter) on Saturday, Wood said (emphasis mine), "CEO Alex Karp believes that [Palantir] will become the largest pure-play enterprise AI software company in the world. I believe him." Should you buy before Aug. 4? As a general rule, I shy away from date-driven stock buying. I tend to be more successful when I take a step back and view the company's execution, competition, and market opportunity holistically. Palantir's execution thus far has been stellar. The company's unique approach will make it hard for would-be competitors to replicate Palantir's results. It's difficult to accurately size the market opportunity for AI, and estimates vary wildly. In Ark Invest's Big Ideas 2025 report, Wood calculates that the AI software opportunity alone could be worth $13 trillion by 2030. There's a lot to like about Palantir, and I have purchased the stock several times in recent years. In most instances, valuation isn't something I consider, but it's hard to ignore in the case of Palantir. That said, I still believe the stock is worth owning -- as long as investors know what they're getting into. Palantir comes with extraordinarily high multiples. That, combined with the company's rapid growth, is the very recipe for extreme volatility. I'd be comfortable predicting that, at some point over the next 18 months, Palantir stock will likely plunge by 50%. Does that mean I plan to sell the stock? Not at all. It simply means I'm prepared for the inevitable ups and downs that are part of the cost of admission for owning a high-growth stock such as this. Those disclaimers aside, investors looking to establish a position in Palantir should consider a small position and add opportunistically on any weakness. Dollar-cost averaging is another potential strategy, as it allows investors to build a position over time, adding more shares when the price is lower and fewer when the valuation is higher. I stand by the assertion that being a Palantir shareholder isn't for the faint of heart. That said, for those who adopt a long-term outlook and can withstand the inevitable volatility, I expect it to be a profitable investment 10 years from now. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
Globe and Mail
15 hours ago
- Globe and Mail
Better Artificial Intelligence (AI) Stock: CoreWeave vs. Nebius
Key Points Nebius and CoreWeave have been in red-hot form on the stock market this year thanks to the terrific demand for their cloud infrastructure solutions. Both companies seem to be able to sustain their impressive growth in the long run, thanks to the lucrative AI-related market that they are serving. 10 stocks we like better than CoreWeave › CoreWeave (NASDAQ: CRWV) and Nebius Group (NASDAQ: NBIS) have witnessed a rapid jump in their share prices this year. Investors have been buying these stocks hand over fist because they are benefiting big time from the growing demand for cloud-based artificial intelligence (AI) infrastructure. CoreWeave stock has shot up a remarkable 224% in just four months since going public in March this year, and Nebius has clocked healthy gains of 84% so far in 2025. Both companies are in the business of renting out data centers powered by graphics processing units (GPUs), which their customers use to train AI models, build applications, and scale up those applications in the cloud. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » But if you have to choose one of these two stocks for your portfolio right now, which one should it be? Let's find out. The case for CoreWeave CoreWeave's rally since its initial public offering (IPO) can be attributed to the terrific growth in the company's revenue and backlog. Its top line jumped by more than fivefold in the first quarter to $981 million, and it's on track to sustain its outstanding momentum. That's because the cloud infrastructure-as-a-service market in which CoreWeave operates is growing at an incredible pace. Grand View Research estimates that the cloud AI market could generate $650 billion in annual revenue in 2030, nearly 7.5 times the size of this market last year. CoreWeave is capitalizing on this lucrative opportunity by offering access to the top-of-the-line GPUs from Nvidia along with server processors from AMD. The company claims that customers using its cloud AI infrastructure enjoy significant cost and performance advantages. It says its infrastructure is "purpose-built for compute-intensive workloads, and everything from our servers to our storage and networking solutions are designed to deliver best-in-class performance." The demand for the company's AI infrastructure is outpacing supply, so it is focused on scaling up its capacity quickly to satisfy the strong demand. Management said on its May earnings conference call that it has raised over $21 billion to expand infrastructure and data center capacity. The company recently announced the upcoming $9 billion acquisition of Core Scientific, which could bring another 1 gigawatt (GW) of data center capacity and help lower its costs from its existing leases with Core Scientific. CoreWeave forecasts a reduction of over $10 billion in future lease liabilities once the acquisition is complete, followed by annual run-rate cost savings of $500 million by the end of 2027. Before this acquisition was announced, CoreWeave was projecting a fourfold increase in its data center capacity under its existing capacity contracts. This focus on enhancing data center capacity should pave the way for outstanding growth for CoreWeave since it was sitting on a revenue backlog of almost $26 billion at the end of the first quarter -- 63% higher from the year-ago period. As such, analysts are expecting its revenue to continue increasing at a strong pace. CRWV Revenue Estimates for Current Fiscal Year; data by YCharts. CoreWeave is likely to remain a top AI stock since it is serving a fast-growing market and is investing aggressively to capture a share of it. The case for Nebius Nebius shot up impressively last week after Goldman Sachs put a 12-month price target of $68 on the stock. The investment bank said that the company's full-stack AI infrastructure, which includes hardware and software tools, allows it to make the most of the impressive opportunity in this space. Goldman's price target calls for a 31% jump in the stock in the coming year. And there is a good chance that the company could surpass that given its 385% revenue jump year over year in the first quarter to $55 million. More importantly, the growth in its annual revenue run rate was much faster at 684% year over year to $249 million. That improved to $310 million in April, and the company forecasts an annual revenue run rate of $750 million to $1 billion by the end of the year, driven by the new data center capacity it is planning. In a letter to shareholders, CEO Arkady Volozh said: We are rapidly expanding our capacity footprint. In just three quarters, we've gone from one location in Finland to five locations across Europe, the U.S., and now the Middle East. We are actively exploring new sites in the U.S. and around the world, and we expect to provide more news on this soon. Unlike CoreWeave, Nebius provides more than just AI hardware infrastructure to customers. Its cloud platform also offers developer tools and services that customers can employ to refine their AI models, run inference tasks, and develop custom solutions. This is why Goldman believes that Nebius could be a leader in the cloud AI space. The company's balance sheet -- with $1.45 billion in cash and $188 million in debt -- allows it to continue putting more money into its cloud infrastructure. This explains the healthy top-line growth it is projected to deliver. NBIS Revenue Estimates for Current Fiscal Year; data by YCharts. So, like CoreWeave, Nebius is likely to remain a high-growth company. But is it a better buy than its larger peer at this point? The verdict Both CoreWeave and Nebius are growing at healthy rates and are expected to sustain that. So, investors should look at their valuations to decide which is the better buy. The two companies aren't profitable right now considering their aggressive infrastructure investments, so we need to compare their price-to-sales ratios (P/S). NBIS PS Ratio (Forward); data by YCharts. Nebius stock is way more expensive than CoreWeave when comparing sales multiples, indicating that the latter is a better buy even after its strong rally this year. Moreover, CoreWeave is growing faster, has a huge backlog, and is sitting on ample resources to continue expanding its data center footprint, making it the easy choice for investors considering which of these two AI stocks is worth adding to their portfolios right now. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
