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HIVE Digital Technologies

HIVE
$2.89
+11%since Benson's first pick

Market price data through August 3, 2026.

Performance

Aug 2021Aug 2026

Benson's first pick
$0$9$17$26Aug 2021Oct 2022Feb 2024May 2025Aug 2026Benson picked · $2.54
Model signal
Buy
What Benson's model currently says about this stock.
Benson rating
4.1 / 5
Benson's overall conviction in this stock right now.
Risk
High risk
How bumpy the ride tends to be with this stock.

Track record

How this pick has done since Benson first called it.

Benson Return
+11%
How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
First pick price
~$3
Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
Tracking since
April 2026
The month this stock first became a Benson pick.
Tracking duration
3 months
How long Benson has been tracking this pick.

About HIVE Digital Technologies

HIVE Digital Technologies is a Bitcoin miner that runs its machines on cheap, clean hydro power in Paraguay, Sweden, and Canada. It is now using that same power and its data centers to build an AI cloud business called BUZZ, renting out high end chips to companies that need to train artificial intelligence. In short, it is one small company trying to ride two of the biggest trends at once, crypto and AI.

The case for and against

Both sides of the story, in plain English.

Bull case
  • Two Booms, One Stock

    Revenue exploded 158 percent last year to almost 298 million dollars as HIVE nearly quadrupled its Bitcoin mining power and produced more than 2,800 Bitcoin. The whole operation runs on low cost hydro electricity, which keeps the cost of mining each coin down.

  • The AI Pivot

    HIVE is turning its power and data centers into an AI cloud business called BUZZ, which grew about 94 percent last year and now has 35 million dollars of contracts locked in. A new three year deal with Bell and Cohere worth around 220 million dollars should push its contracted AI revenue above 100 million dollars.

Bear case
  • Burning Cash

    HIVE lost about 148 million dollars last year and ended with only around 23 million dollars in cash. Its planned Toronto AI factory could cost roughly 3.5 billion dollars, far more than the company has, so it will need heavy borrowing or new shares to pull it off.

  • Bitcoin's Shadow

    This stock still lives and dies with the price of Bitcoin, and it tends to swing almost four times as hard as the overall market. When crypto prices fell recently, the mining business briefly lost money, so expect a very bumpy ride.

How to read this page

This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.

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