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HIVE Blockchain Technologies Ltd (HIVE)



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Upturn Advisory Summary
08/28/2025: HIVE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $7.38
1 Year Target Price $7.38
5 | Strong Buy |
3 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -21.12% | Avg. Invested days 22 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 675.45M USD | Price to earnings Ratio 8.91 | 1Y Target Price 7.38 |
Price to earnings Ratio 8.91 | 1Y Target Price 7.38 | ||
Volume (30-day avg) 8 | Beta 5.16 | 52 Weeks Range 1.26 - 5.54 | Updated Date 08/29/2025 |
52 Weeks Range 1.26 - 5.54 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.33 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-11 | When Before Market | Estimate -0.07 | Actual 0.18 |
Profitability
Profit Margin 39.1% | Operating Margin (TTM) 11.99% |
Management Effectiveness
Return on Assets (TTM) 0.07% | Return on Equity (TTM) 12.07% |
Valuation
Trailing PE 8.91 | Forward PE 17.33 | Enterprise Value 654939344 | Price to Sales(TTM) 5.25 |
Enterprise Value 654939344 | Price to Sales(TTM) 5.25 | ||
Enterprise Value to Revenue 5.09 | Enterprise Value to EBITDA 5.04 | Shares Outstanding 229600000 | Shares Floating 229044670 |
Shares Outstanding 229600000 | Shares Floating 229044670 | ||
Percent Insiders 0.27 | Percent Institutions 23.35 |
Upturn AI SWOT
HIVE Blockchain Technologies Ltd
Company Overview
History and Background
HIVE Blockchain Technologies Ltd. (formerly Leeta Gold Corp) was founded in 1987 and renamed in 2017. It's a cryptocurrency mining company focused on proof-of-work tokens. It began mining Ethereum and has since expanded to Bitcoin mining.
Core Business Areas
- Cryptocurrency Mining: HIVE mines cryptocurrencies, primarily Bitcoin and previously Ethereum, using renewable energy sources.
Leadership and Structure
The CEO is Aydin Kilic. The company has a board of directors overseeing its operations. HIVE operates data center facilities in Sweden, Iceland, and Canada.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: HIVE mines Bitcoin using ASICs. Market share data varies due to the fragmented nature of the mining industry and frequent fluctuations. Revenue is directly tied to Bitcoin price and mining efficiency. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).
Market Dynamics
Industry Overview
The cryptocurrency mining industry is highly competitive and subject to Bitcoin price volatility, regulatory changes, and technological advancements. The Bitcoin halving events also influence the business.
Positioning
HIVE aims to differentiate itself through its focus on green energy and cost-efficient operations. However, its comparatively smaller scale presents challenges.
Total Addressable Market (TAM)
The TAM is linked to the total value of the cryptocurrency market, estimated in the trillions. HIVE holds a small fraction of this TAM, positioning for growth through operational efficiencies and strategic acquisitions.
Upturn SWOT Analysis
Strengths
- Access to renewable energy sources
- Experienced management team
- Established infrastructure
Weaknesses
- High dependence on Bitcoin price
- Relatively small scale compared to competitors
- Dilution through share issuances to raise capital
Opportunities
- Expansion into new cryptocurrencies
- Increased adoption of Bitcoin and blockchain technology
- Strategic partnerships and acquisitions
Threats
- Bitcoin price volatility
- Increased mining difficulty and competition
- Regulatory changes and potential bans on cryptocurrency mining
- Rising energy costs
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- BITF
Competitive Landscape
HIVEu2019s advantages lie in its renewable energy focus and geographic diversification. Disadvantages include smaller scale and greater price volatility impact compared to larger competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been sporadic, closely tied to Bitcoin price cycles.
Future Projections: Future projections are highly uncertain and depend on Bitcoin price, mining difficulty, and the company's ability to scale operations efficiently. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include expanding mining capacity and investing in new mining technologies.
Summary
HIVE's performance is tightly linked to Bitcoin's price, creating both opportunities and risks. Its renewable energy focus is a strength, but its smaller scale and reliance on a volatile market are vulnerabilities. To sustain growth, HIVE must improve its operational efficiency and manage its exposure to Bitcoin's price fluctuations, while also competing with much larger players in the market, which have a better opportunity to obtain investor capital, that leads to easier scaling. Management will have to adapt if Bitcoin price stagnates.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly speculative and involve significant risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About HIVE Blockchain Technologies Ltd
Exchange NASDAQ | Headquaters San Antonio, TX, United States | ||
IPO Launch date 2018-01-12 | President & CEO Mr. Aydin Kilic | ||
Sector Financial Services | Industry Capital Markets | Full time employees 24 | |
Full time employees 24 |
HIVE Digital Technologies Ltd., a technology company, engages in the building and operating data centers powered by green energy in Bermuda. The Company operates the mining and sale of digital currencies and performance computing hosting. It also provides infrastructure solutions, such as computational capacity to distributed networks in the blockchain industry. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in San Antonio, Texas.

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