Next one.💪🏻
This time, from my point of view, exciting developments regarding my portfolio value $HIVE (-2,27 %) which were explained in a press release:
San Antonio, Texas--(Newsfile Corp. - January 13, 2026)
HIVE Digital Technologies Ltd (TSXV: HIVE) (NASDAQ: HIVE) (FWB: YO0) (BVC: HIVECO) (the "Company" or "HIVE"), a diversified global digital infrastructure company headquartered in San Antonio, Texas.
digital infrastructure company headquartered in San Antonio, Texas, today announced its
expansion into Paraguay through a strategic joint venture with Paraguay's
Paraguay's leading telecommunications operator.
As part of this partnership, HIVE is introducing one of the first purpose-built BUZZ artificial intelligence cloud platforms in Paraguay, located in Asunción and hosted in a Tier III data center of the leading telecom operator in Paraguay. The platform is designed to provide high performance computing (HPC) and AI infrastructure for academic and research institutions, enterprises, financial service providers and healthcare providers in Paraguay and the entire South American region.
The first deployment is scheduled to begin in the first quarter of 2026 and will initially
with an enterprise-class GPU cluster that will be used for AI training, inference
inference and data-intensive workloads. The platform will be
scaled over time according to customer demand and subject to capital
availability of capital, with the renewable hydropower of
Paraguay, the national fiber optic network of Paraguay's largest telecommunications provider and enterprise-class data centers.
This expansion builds on HIVE's existing digital infrastructure in Paraguay, where the company develops and operates Tier I data centers and associated substations supported by access to large-scale renewable hydropower electricity. HIVE views Bitcoin mining as a means to build Tier I data center infrastructure and substations that monetize excess or unused electricity.
monetize surplus or unused electricity and convert energy into economic value.
into economic value. In this framework, each bitcoin represents a bundle of energy, a concept also
concept that has also been articulated by technology leaders such as Elon Musk and Jensen Huang in their discussions of Bitcoin as a form of monetized economic labor. The infrastructure required for production can serve as the fundamental basis for more advanced digital computing applications, including AI and high performance computing hosted in Tier III data centers.
HIVE's strategy in Paraguay is based on a long-term, multi-year vision to further develop energy-based digital infrastructure into scalable AI and data center capacity. The company believes that
believes that the growth of the AI-driven digital economy depends on a reliable
depends on a reliable power supply and high-performance dark fiber connectivity that enables secure, low-latency data transmission.
with low latency. While Tier III data centers capable of hosting GPU-intensive workloads require significantly higher capital investments
HIVE believes that its phased approach - starting with Tier I infrastructure - provides a disciplined and economically efficient path to higher-value AI-enabled facilities.
facilities.
Paraguay has experienced periods of strong economic growth in recent quarters
supported by a stable government and an investment-friendly policy environment. HIVE believes that
these conditions, combined with the country's energy profile, provide a
constructive backdrop for long-term investment in digital infrastructure.
infrastructure.
HIVE believes that this development is broadly consistent with the development of
digital infrastructure in Texas, including the San Antonio to West Texas
corridor from San Antonio to West Texas, where development began with Tier I data centers focused on energy-intensive workloads and later expanded to capital-intensive Tier III facilities that can support advanced enterprise and AI workloads.
workloads. The company believes that Paraguay is at a similar early stage in this infrastructure
similar early stage in this infrastructure development cycle, while recognizing that the
recognizing that outcomes will depend on a number of economic and regulatory factors.
and regulatory factors.
The company anticipates that continued investment in AI and HPC infrastructure will
and HPC infrastructure could support downstream economic activity, including potentially
activity, including a potential increase in demand for software
software developers, computer engineers, data scientists,
electrical engineers and other technical professionals, which over time would
would contribute to workforce development over time.
The expansion also reflects Paraguay's continued institutional commitment
Paraguay's ongoing institutional commitment to the United States. On December 15, 2025
U.S. Secretary of State Marco Rubio and Paraguayan Foreign Minister Rubén Ramírez
Foreign Minister Rubén Ramírez Lezcano in Washington, D.C., signed a
Troop Stationing Agreement (SOFA) between the United States and Paraguay.
Paraguay. While SOFAs are a common instrument of US foreign policy with countries such as
countries such as Germany, Italy and Japan, the agreement reflects continued
continued bilateral cooperation in areas such as security, stability
stability and law enforcement, which could contribute to greater institutional
could contribute to greater institutional trust.
The launch of the BUZZ AI cloud platform is designed to support the demand for accelerated computing across South America by providing companies with access to an AI infrastructure that operates in a Tier III environment and is powered by renewable energy.
Tier III environment and powered by renewable energy.
While future expansions will depend on the expansion of infrastructure such as dark fiber
fiber, customer demand, regulatory conditions and the availability of
availability of capital, HIVE believes that the conditions in Paraguay are
conditions in Paraguay are favorable for long-term participation in the development of
development of AI and hyperscale data centers.
Frank Holmes, Executive Chairman of HIVE, said: "Paraguay is an important location for HIVE
important location for HIVE, where we have demonstrated how energy-based digital
infrastructure can support long-term value creation. This
development is consistent with patterns we have observed in Texas, including in the
including in the San Antonio area, where infrastructure development began with Tier I data centers and later expanded to capital-intensive Tier III facilities capable of hosting demanding AI workloads. We are convinced that the
economic stability, the supportive political environment and the institutional
institutional relationships in Paraguay provide a constructive basis for the further
further development of the digital infrastructure."
Aydin Kilic, President and CEO of HIVE, added: "The launch of the AI cloud infrastructure in Asunción is a first step in bringing science
research institutions, companies, financial service providers and healthcare
healthcare organizations access to local high-performance computing capacity.
capacity. This initiative complements the existing operation of HIVE's Tier I data center in Paraguay, which currently uses approximately 300 megawatts
and, subject to market conditions and approvals, will be expanded by a further 100 megawatts in 2026.
could be expanded by a further 100 megawatts."
HIVE believes that Paraguay's combination of renewable energy sources, stable governance, supportive policy framework and growing digital infrastructure make it a potential
political framework and growing digital infrastructure, Paraguay has the
potential to play an important long-term role in South America in the field of AI
and high-performance computing.
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