Hive Digital Technologies Ltd. (NASDAQ:HIVE) is one of the best long-term penny stocks to invest in. Hive Digital Technologies Ltd. (NASDAQ:HIVE) announced its November 2025 Bitcoin production results on December 10, reporting 290 bitcoins produced in the month, a year-to-date high for the company and reflecting a 182% year-over-year growth from 103 bitcoins in the same period last year. This brings the average daily production to 9.7 bitcoin per day, with averaged hash rate of 23.5 exahash per second and peaking at 25.4 EH/s. This translates to a 7% hashrate growth, going from 21.9 EH/s in October to 23.5 EH/s in November.
Management further reported that the fleet efficiency was 17.5 joules per terahash, with 12.3 bitcoin per EH/s reported. These results support Hive Digital Technologies Ltd.’s (NASDAQ:HIVE) network share to continually exceed 2% of the global Bitcoin network, bolstering its position as one of the most sustainable and efficient digital-asset operators.
Hive Digital Technologies Ltd. (NASDAQ:HIVE) also reported that it commissioned the final ASICs at its Phase 3 Valenzuela campus in November, two weeks ahead of schedule. This brings the complete 300 MW of Paraguay capacity online. The development represents 25 EH/s of installed global Bitcoin mining capacity, with an approximately 17.5 J/TH average efficiency.
Based in Canada, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is a cryptocurrency mining company focused on sustainable green energy. It operates green energy-powered data center facilities in Iceland, Sweden, and Canada. In addition to its hard assets, such as advanced multi-use servers and data centers, the company also operates a fleet of around 38,000 commercial-grade NVIDIA graphic processing units (GPUs).
While we acknowledge the potential of HIVE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.