Acquiring Company
HIVE Digital Technologies Ltd
Acquired Company
Bitfarms
VancouverTorontoInformation TechnologyEnergyArtificial IntelligenceTransportationBlockchainCryptocurrencyMiningData CenterInformation TechnologyEnergyAnalyticsRenewables & EnvironmentDescription
HIVE Digital Technologies Ltd. has successfully completed the acquisition of Bitfarms Ltd.'s Yguazú hydro-powered facility in Paraguay. This acquisition will expand HIVE's mining capacity by 317%, increasing from 6 EH/s to a target of 25 EH/s by September 2025. The deal is part of HIVE's strategic focus on sustainable energy and high-performance computing in Latin America. With this acquisition, HIVE enhances its operational footprint while contributing to Paraguay's economic growth.
Quick answer
HIVE Digital Technologies Ltd is acquiring Bitfarms, announced March 18, 2025. HIVE Digital Technologies Ltd is based in Vancouver, British Columbia, Canada.
- How much did HIVE Digital Technologies Ltd pay for Bitfarms?
- The deal value was not disclosed.
- What does HIVE Digital Technologies Ltd do?
- HIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.
- Where are HIVE Digital Technologies Ltd and Bitfarms based?
- HIVE Digital Technologies Ltd is based in Vancouver, British Columbia, Canada. Bitfarms is based in Toronto, Ontario, Canada.
- Who are the decision-makers at HIVE Digital Technologies Ltd?
- Fundz holds 2 contacts at HIVE Digital Technologies Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at HIVE Digital Technologies Ltd, and when
When HIVE Digital Technologies Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day HIVE Digital Technologies Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HIVE Digital Technologies Ltd, from your own LinkedIn network
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Frequently asked
Who acquired Bitfarms?
Bitfarms was acquired by HIVE Digital Technologies Ltd, based in Vancouver. The deal was reported on March 18, 2025. HIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus. HIVE Digital Technologies Ltd is publicly traded (HIVE) and operates in Information Technology.
When did HIVE Digital Technologies Ltd acquire Bitfarms?
HIVE Digital Technologies Ltd's acquisition of Bitfarms was reported on March 18, 2025. HIVE Digital Technologies Ltd. has successfully completed the acquisition of Bitfarms Ltd.'s Yguazú hydro-powered facility in Paraguay. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bitfarms do?
Bitfarms is the company acquired in this transaction. It is privately held, operating in Information Technology, and is based in Toronto.
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