Wu said that HIVE Digital, a Canadian mining company, announced plans to build a 100 MW hydropower data center in Paraguay, aiming to increase its Bitcoin mining hash rate to more than 12 EH/s next year. As part of the expansion, HIVE acquired another 500 S21 Pro Antminers. As of July 21, 2024, HIVE holds 2,521 BTC, worth approximately $170 million.