HIVE Digital Technologies Ltd. announced the purchase of 7,000 units of the new Bitmain S21 Antminers, which will be delivered January through June 2024. Once installed in HIVE's existing 140 MW of green energy infrastructure, HIVE's average fleet efficiency will be 25 J/TH, and 5.8 ExaHash of Bitcoin mining capacity. This order brings HIVE's purchases of new generation ASICs last month to a total of 16,800 Bitmain new generation ASICs, comprised of 5,000 S19 kPro Antminers, followed by 4,800 S19 kPro Antminers, and now 7,000 S21 Antminers.

Additionally, HIVE has an existing inventory fleet of 6.6 Exahash of ASICs. With this delivery of 1.4 Exahash of S21 Antminers, HIVE will have a total ASIC capacity of 8 Exahash. HIVE's growth plans are to expand production to 8 Exahash in 2024, HODL its Bitcoin production and continue to expand its HPC platform utilizing its growing suite of Nvidia chips.