HIVE Digital’s 2025 Outlook: Mining Power and AI Expansion
HIVE Digital’s hashrate is set to surge, with Cantor projecting untapped growth potential in Bitcoin mining and AI innovation.
HIVE Digital (NASDAQ: HIVE), a leading Bitcoin mining company, is on track to double its computational power by the end of next year, according to a research report from Cantor. The brokerage has initiated coverage of HIVE with an “overweight” rating and a $9 price target, citing substantial growth opportunities that have yet to be fully reflected in the company’s stock price. Currently trading around $4.26, HIVE shares saw a modest 3.6% increase following the announcement, signaling early market optimism.
Cantor's report highlights the miner's ambition to increase its hashrate from 5.5 exahashes per second (EH/s) to a staggering 13 EH/s over the next 12 months. This metric, representing the total computational power used to mine Bitcoin and process blockchain transactions, is seen as a critical proxy for a miner's competitiveness and efficiency. Analysts Brett Knoblauch and Thomas Shinske underscored that this anticipated "growth inflection" in hashrate is not yet priced into HIVE’s valuation, presenting a compelling case for investment. The report also notes the company’s strategic expansion into artificial intelligence (AI) and high-performance computing (HPC), including its innovative HIVE Cloud platform, which aims to generate $100 million in annual recurring revenue by 2025.
HIVE’s dual focus on scaling its Bitcoin mining operations and diversifying into AI-driven services positions it as a unique player in the cryptocurrency and tech sectors. While the broader market grapples with Bitcoin's price volatility and increasing mining difficulty, HIVE’s proactive approach to leveraging GPU technologies and expanding its operational scope could make it a standout in the industry. Cantor's analysis emphasizes that the company’s forward-thinking strategy is underappreciated, offering significant upside potential for investors.
With its ambitious roadmap and strong endorsements from brokers like Cantor, HIVE Digital stands at a pivotal moment, poised to redefine its role in both the Bitcoin mining and AI landscapes.

