Wednesday, February 18, 2026

Canadian Dollar Forecast: USD/CAD Advances Toward Yearly Open – Breakout Risk Builds

USD/CAD is climbing toward pivotal resistance after stabilizing at long-term support. The reaction here may determine the next trend phase.

By : Michael Boutros, Sr. Technical Strategist

Canadian Dollar Technical Forecast: USD/CAD Weekly Trade Levels

USD/CAD has rebounded off multi-year slope support and is now pressing toward a key pivot near the yearly open.
Price continues to trade within the broader downtrend structure, leaving the advance conditional on a sustained break above resistance.
Key US inflation & GDP data on tap into the close of the week
Resistance 1.3725/33 (key), 1.38, 1.3889-1.3929 – Support 1.3617, 1.3494 (key), 1.3431

USD/CAD is pushing higher after finding footing along long-term slope support, carrying price back toward the yearly open — a level that has repeatedly served as a structural pivot. The recovery has been orderly, but it remains confined within the broader downtrend framework. With resistance now directly overhead, the pair approaches a decisive test. A sustained move beyond this threshold would shift the technical outlook toward a broader recovery, while rejection could reinforce the prevailing bearish bias and reopen downside targets. Battle lines drawn on the USD/CAD weekly technical chart.

Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Loonie setup and more. Join live on Monday’s at 8:30am EST.

Canadian Dollar Price Chart – USD/CAD Weekly

https://preview.redd.it/pej3knreabkg1.png?width=1027&format=png&auto=webp&s=99d5e3218435285b91a3fde9139ee6983a11c1b3

Chart Prepared by Michael Boutros, Sr. Technical Strategist; USD/CAD on TradingView

Technical Outlook: In last month’s Canadian Dollar Technical Forecast we noted that USD/CAD was approaching the 2025 swing lows and that, “. From at trading standpoint, a good zone to reduce portions of short-exposure / lower protective stops- rallies should be limited to 1.3669 IF price is heading lower on this stretch with a close below 1.3540 needed to fuel the next leg of the decline.” The selloff extended in the following days with USD/CAD registering an intraday low at 1.3482 before rebounding into the close of January.

A rebound of more than 1.8% off the yearly low failed at resistance early in the month at 1.3725/33- a region defined by the objective yearly open, the 38.2% retracement of the November decline, and the 2023 swing high. The monthly range is set just below this key pivot zone, and the focus is on a breakout in the weeks ahead. Note that the 75% parallel converges on this threshold into the close of the month and a break / weekly close above this slope is needed to suggest a more significant recovery is underway in USD/CAD. Subsequent resistance is eyed at the 1.38-handle with the next major technical consideration on eyed at the 61.8% retracement and the 2023 / 2026 highs at 1.3889-1.3929.

Initial weekly support rests with the January low-week close at 1.3617. Ultimately, a break / weekly close below the 2023 trendline would be needed to mark resumption of the broader 2025 downtrend towards the 2024 August low close at 1.3494 and the 100% extension of the November decline at 1.3431. Both levels of interest for possible downside exhaustion / price inflection IF reached. The next major technical consideration is eyed with the 2024 low-week close (LWC) and the 61.8% extension of the 2025 decline at 1.3360/66.

Click the website link below to Check Out Our FREE "How to Trade EUR/USD" Guide

https://www.forex.com/en-us/whitepapers/

https://preview.redd.it/z4poh7thabkg1.png?width=1420&format=png&auto=webp&s=a8f195505f6cdbdd5b814335136dab3362c681ae

Bottom line: USD/CAD has rebounded off multi-year slope support with pivotal resistance now in view near the yearly open. From a trading standpoint, losses should be limited to 1.3617 IF price is heading higher on this stretch with a close above 1.3733 needed to suggest fuel the next leg of the advance.

Keep in mind we get the release of key US data releases this week with the Core Consumer Price Index (PCE) and the preliminary Q4 GDP on tap Friday. The GDP figures are expected to show the US economy grew at an annualized pace of just 3% after a previous print of 4.4%. It is important to note that this data covers the longest US government shut down in history (43days). As such, a stronger than expected print would underscore underlying strength / resilience in the US market and could further fuel the Dollar advance. Stay nimble into the release and watch the weekly close for guidance here. I’ll publish an updated Canadian Dollar Short-term Outlook later this week with a closer look at the near-term USD/CAD technical trade levels.

US/ Canada Economic Data Release

https://preview.redd.it/x4d3np1kabkg1.png?width=714&format=png&auto=webp&s=a3e50ad91681af369627a03e717d6c98165e564b

Economic Calendar - latest economic developments and upcoming event risk.

Active Weekly Technical Charts

--- Written by Michael Boutros, Senior Technical Strategist

Follow Michael on X @MBForex

https://www.forex.com/en-us/news-and-analysis/canadian-dollar-forecast-usd-cad-advances-toward-yearly-open-breakout-risk-builds-2-18-2026/

The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. Before deciding to trade forex, commodity futures, or digital assets, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to FOREX.com or GAIN Capital refer to StoneX Group Inc. and its subsidiaries. Please read Characteristics and Risks of Standardized Options.

Tuesday, February 17, 2026

3rd Index of WOEIH podcast..

Order-followers / Police-state / “Quit Your Cult”

Add: 177–179, 181–182, 188, 196, 200–201 (and it remains present 197–205)

Gender-war / Neo-feminism / Family breakdown

Add: 181–187, 192, 200 (primary cluster)

Second Amendment / Preparedness / Physical resistance

Add: 188–190, 195–196 (plus 189 as rights-definition)

Hiatus + relaunch / ARK Drive / censorship navigation

Add: 192, 197–205 (especially 198–205)

Cosmic Abandonment arc closure

Note: 176 as the capstone for the serialized slide-arc period (158–176)

Below is a single alphabetical index (A–Z) of Subjects with the podcast episode numbers in which they are mentioned, covering WOEIH #001–205 based strictly on your master grids.

Alchemy / Great Work / Philosopher’s Stone — 029, 030, 045, 060, 061, 182
All-Seeing Eye / Pyramid / Great Seal — 047, 048, 060–062, 114
Alternative Energy / Hydrogen Project — 115, 116
Anarchy (definition / meaning) — 134, 136, 137, 200
Anunnaki / Enlil / Enki / Nephilim — 160–161
Apophasis (“Saying No”) — 078–079, 102–107, 125, 196
Architecture / Geomancy / Monuments — 062, 063
Astrotheology — 035, 037–041, 046–047, 149
Awakening Process — 028, 072–073

Banking / Dark Occult Connections — 099
Barriers to Self-Realization — 006–010
Belief in Authority (psychological illness framing) — 108, 120
Bitcoin (alternative currency) — 174
Brain Imbalance / Left–Right Brain Themes — 001–002, 095, 097, 203

Carnism / Vegetarianism / Law of Assimilation — 121–123, 201
Cause & Effect (Natural Law principle) — 036, 074, 076, 080
Chakras / Modalities of Thought — 040
Chemtrails / Geoengineering — 033
Compartmentalization / Hierarchy — 012
Conscience — 078, 103–104, 108, 120, 126
Conscious Parenting / Moral Education — 126, 131, 168
Consciousness (general) — 001, 056, 072, 152, 201
Controlled Opposition — 022–024
Cosmic Abandonment / Interference Theory — 158–169, 173, 175–176
Cult Framing (“Quit Your Cult”) — 177–179, 181–182, 191

Declaration of Energy Independence — 016, 068
Dialectics / Hegelian Dialectic — 023, 065, 184, 202
Diet / Organic Food / Juicing — 093, 096, 195
Divide & Conquer — 020
Double Slit Experiment — 007

Education (True Education / Trivium / Quadrivium) — 072, 085–087, 126–128, 199
EFT (Emotional Freedom Technique) — 090, 100
Elongated Skulls / Ancient Tech Claims — 162–163
Entheogens / Psychedelics — 032, 129–130
Epigenetics / Evolution Framing — 152, 173, 175
Ego Identification / Attachment — 007–008

False Flag Framing — 149, 159, 170–171, 190
Fasces Symbolism — 047
Federal Reserve / Fiat Currency — 026–027, 099
Five-Sense Illusion — 006–008
Food & Consciousness — 030–031
Force vs Violence — 080–081
Freemasonry — 052–055, 057, 059–060, 149
Free Energy / Tesla — 027, 068, 115
Free Speech / Assembly / Arrests — 078, 092, 143, 177

Gender Principle (Hermetic) — 076, 124
Gender-War / Neo-Feminism / Family Breakdown — 181–187, 192, 200
Gematria / Synchromysticism — 045, 119
Gold (non-intrinsic value claim) — 165–166, 174
Government Illegitimacy / NWO Framing — 070–071, 145, 166, 171

Hermetic Principles (Kybalion) — 036, 075, 076, 200
Higher Self vs Lower Self — 011
Hypercube / Tesseract — 064, 117–118

Ignorance vs Freedom — 073
Indoctrination / Public School — 021–022
Initiation (Spiritual) — 086, 088–090, 197

Kabbalah / Tree of Life — 041–042, 072

Law of Attraction (Natural Law framing) — 036, 074, 077, 199
Left-Brain Prison — 007, 009

Mass Media Control / Propaganda — 029, 091, 168
Milgram / Stanford Prison / Third Wave — 108
Mind Control (general) — 012–016, 018–035, 037–041, 046–048, 064–065, 067, 069–070, 131, 145–148
Money as Illusion / Scarcity vs Abundance — 098
Monetary System (general) — 025–028, 088–090, 138, 159, 165–166, 174
Morality / Right vs Wrong — 028, 036, 047, 076, 078, 080–081

Natural Law (general) — 004–006, 009–010, 022, 028, 036, 070, 072–075, 076–084, 126, 128, 137, 158, 162, 170
Non-Aggression Principle (NAP) — 133–137
Non-Support of Dominators — 102–125 (except 115, 116, 124), 126, 132, 166–169, 172, 175
9/11 (inside job / ritual framing / physics) — 065–067, 069

Objective Morality — 076, 078, 080–081
Occult Season of Sacrifice — 051–052, 100–101, 202–204
Occult Symbolism (general) — 046–050, 113–120, 149
Order-Following / Obedience Critique — 150, 166, 169, 172, 175, 177–179, 181–182, 188, 196, 200–201

Pentagram Symbolism — 047–048, 114
Pharmaceuticals / SSRIs / Antidepressants — 032
Pine Cone Symbolism — 047–049
Police / Military Complicity Framing — 070, 113–120, 174
Polarity (Hermetic Principle) — 003, 036, 076–077
Property / Taxation / Rights — 028, 081, 137, 170, 174
Psychopathy (primary vs secondary) — 133–134, 149–150, 163–164

Responsibility / Self-Ownership — 036, 074, 083–084, 092, 102–103, 120, 126
Resonance / Unity Consciousness — 068, 201

Satanism / Luciferianism / Setianism — 071, 100
Self-Defense / Defensive Force — 133–136
Self-Respect / Self-Love / Self-Forgiveness — 090, 110–111, 120, 176
Shamanism — 088
Simplicity vs Complexity — 015–016
Solipsism — 001–002
Sovereignty — 036, 070, 176
Subversive Symbolism — 046–050, 114, 117

Tarot (origins / Kabbalah link) — 043–044
Taxation (violation framing) — 028, 081, 137, 170
Tesla / Free Energy — 027, 068, 115
Trivium / Critical Thinking — 072, 085–087, 199
Trauma-Based Mind Control / Project Monarch — 017, 100

UFO / ET Visitation Claims — 158–159, 160–161, 180
Unity Consciousness — 068, 201

Vaccines / Flu Shots — 033
Veganism Thread — 121–123, 201

Water Purification / RO / Distillation — 093–094, 195
Worldview Healing — 088–090, 124

Below is a condensed printable-style index
Format: Topic → Episodes → 1–2 line descriptor
Covers WOEIH #001–205

Alchemy / Great Work → 029, 030, 045, 060, 061, 182
Spiritual transformation framework tied to occult symbolism and “solutions.”

Anarchy (definition) → 134, 136, 137, 200
Defined as absence of rulers; linked to NAP and self-governance.

Apophasis / “Saying No” → 078–079, 102–107, 125, 196
Moral courage to refuse evil and withdraw support from domination systems.

Astrotheology → 035, 037–041, 046–047, 149
Religious symbolism interpreted through celestial/solar myth structures.

Belief in Authority (psychological critique) → 108, 120
Obedience framed as conditioned psychological dysfunction.

Bitcoin / Alternative Currency → 174
Presented as potential escape from fiat systems.

Carnism / Vegetarianism / Veganism → 121–123, 201
Diet framed through non-aggression and occult “law of assimilation.”

Conscience → 078, 103–104, 108, 120, 126
Inner moral compass contrasted with order-following.

Cosmic Abandonment / Interference Theory → 158–169, 173, 175–176
Serialized arc proposing altered human origins and “cosmic adulthood.”

Cult Framing (“Quit Your Cult”) → 177–179, 181–182, 191
Police/military obedience characterized as cult behavior.

Dialectics / Hegelian Problem–Reaction–Solution → 023, 065, 184, 202
Manipulation model for social engineering and false-flag framing.

Diet / Health as Leverage → 093, 096, 195
Food, water, physical conditioning as personal sovereignty tools.

Education (Trivium / Critical Thinking) → 072, 085–087, 126–128, 199
Grammar–logic–rhetoric model promoted as antidote to indoctrination.

Entheogens / Psychedelics → 032, 129–130
Framed as self-ownership and consciousness tools.

False Flag Framing → 149, 159, 170–171, 190
Major events interpreted as ritualized manipulation.

Federal Reserve / Fiat Money → 026–027, 099
Money system presented as debt-based control mechanism.

Freemasonry / Symbolism → 052–055, 149
Symbols and degrees analyzed as occult knowledge structures.

Free Energy / Tesla → 027, 068, 115
Energy suppression narrative tied to freedom themes.

Gender Principle (Hermetic) → 076, 124
Metaphysical polarity concept.

Gender-War / Neo-Feminism Arc → 181–187, 192, 200
Extended series framing feminism as social engineering and family breakdown.

Government Illegitimacy / NWO Framing → 070–071, 145, 166, 171
State authority portrayed as slavery system.

Hermetic Principles (Kybalion) → 036, 075–077, 200
Mentalism, correspondence, polarity, rhythm, cause/effect applied to Natural Law.

Initiation / Worldview Healing → 086, 088–090, 197
Spiritual maturation process tied to moral responsibility.

Mass Media Control / “Poison Signal” → 029, 091, 168, 173
Mainstream media framed as deliberate psychological conditioning.

Mind Control (general framework) → 012–016, 018–035, 037–041, 131, 145–148
Core recurring arc on manipulation, trauma conditioning, hierarchy.

Monetary System (general) → 025–028, 088–090, 138, 165–166, 174
Money framed as artificial scarcity mechanism.

Morality / Objective Right vs Wrong → 028, 036, 076, 078, 080–081
Moral absolutism grounded in Natural Law.

Natural Law (core doctrine) → 004–006, 022, 028, 036, 070, 072–084, 126, 137, 158, 162, 170
Central framework: objective morality, rights, cause & effect.

Non-Aggression Principle (NAP) → 133–137
Aggression defined as violation of Natural Law.

Non-Support of Dominators → 102–125, 126, 166–169, 172, 175
Refusal to comply as primary “solution” model.

9/11 Analytical / Ritual Framing → 065–067, 069
Event analyzed as engineered psychological operation.

Occult Symbolism (general) → 046–050, 113–120, 149
Pentagram, eye, fasces, pine cone, hypercube, gematria.

Order-Following / Obedience Critique → 150, 166, 169, 172, 175, 177–179, 181–182, 188, 196, 200–201
Becomes dominant arc post-176; obedience framed as root of tyranny.

Psychopathy (primary vs secondary) → 133–134, 149–150, 163–164
Psychological roots of domination systems.

Property / Taxation / Rights → 028, 081, 137, 170, 174
Taxation framed as institutionalized theft.

Satanism / Dark Occult Agenda → 071, 100
Occult elite narrative framing.

Second Amendment / Armed Resistance → 134–136, 188–190, 195–196
Gun rights framed as moral necessity and deterrence.

Self-Respect / Sovereignty → 090, 110–111, 120, 176
Self-worth positioned as antidote to domination.

Tarot / Kabbalah → 041–044
Symbolic consciousness system linked to Hermeticism.

Trauma-Based Mind Control → 017, 100
Project Monarch and ritual abuse framing.

UFO / ET Claims → 158–161, 180
Linked to Interference Theory and human origin narrative.

Water Purification → 093–094, 195
Health and autonomy theme.

Worldview Healing → 088–090, 124
Reframing belief systems as prerequisite for freedom.

Water Purification → 093–094, 195
Health and autonomy theme.

Worldview Healing → 088–090, 124
Reframing belief systems as prerequisite for freedom.

🔮 SPY & SPX — Market-Moving Headlines Wednesday Feb 18, 2026

https://preview.redd.it/kyyvjfrx25kg1.png?width=1528&format=png&auto=webp&s=ef3dec2ba4600cf9dce6b68ce41c4af030710cb2

🌍 Market-Moving Themes

⚖️ Barbell Market Structure
Capital split between defensive retail strength and high-beta crypto as investors hedge slowdown risk and liquidity expansion simultaneously

🛒 Defensive Retail Leadership
WMT at all-time highs signals high-income trade-down behavior; value retail strength contrasts with pressure on traditional discretionary

₿ Sovereign Bitcoin Narrative
BTC holding ~$76K on reserve asset rumors keeps speculative liquidity elevated; MSTR leverage adds volatility layer

🧱 Rare Earth Geopolitical Risk
China Gallium, Germanium export chatter pressures NVDA & AMD while lifting domestic supplier MP

💣 Cybersecurity Binary Event
PANW earnings after close carry sector-wide implications for CRWD, ZS, FTNT amid pricing power concerns

🏛️ Fed Minutes Volatility Window
2:00 PM ET FOMC minutes could shift rate expectations; watch 10Y yield near 4.35% as tech sensitivity trigger

🚗 Under-the-Radar Rotation
TSLA FSD licensing chatter supports relative EV strength; VKTX unusual activity keeps biotech M&A theme alive

📊 Key U.S. Economic Data Wednesday Feb 18 ET

8:30 AM

Housing starts (Nov delayed): 1.31M
Building permits (Nov): 1.40M
Housing starts (Dec delayed): 1.31M
Building permits (Dec): 1.40M
Durable goods orders (Dec delayed): -2.0%
Durable goods ex-transportation

9:15 AM

Industrial production (Jan): 0.3%
Capacity utilization (Jan): 76.5%

1:00 PM

Fed Vice Chair Michelle Bowman speaks

2:00 PM

FOMC January meeting minutes

⚠️ Disclaimer: For informational purposes only. Not financial advice.

📌 #SPY #SPX #FedMinutes #Earnings #WMT #BTC #PANW #Macro #Markets #Stocks #Options

Crypto Traders Rotate Into Select Altcoins as Bitcoin Stalls

Altcoins notch double-digit weekly gains as Bitcoin remains rangebound, but most remain well below all-time highs with macro data looming.

Crypto trading. Source: Shutterstock/Decrypt

Altcoins including Bittensor, Zcash, and Pepe gained double digits over the past seven days despite Bitcoin's rangebound trade.
Five liquidation events have wiped out over $1B in positions so far in 2026.
February 20 PCE data will factor into the Fed's March rate decision, per CME FedWatch.

A selection of altcoins have posted double-digit gains over the past week, while Bitcoin remains less volatile and range-bound.

Bitcoin has been trading below $71,000 since February 6, when it briefly touched $62,822, according to CoinGecko data. That indecision—coupled with five separate liquidation events that wiped out over $1 billion in positions in 2026, per CoinGlass—has prompted investors to scan the altcoin landscape for speculative trading opportunities.

The result is a selective rotation into tokens with specific narratives, rather than a broad-based altseason.

Among the top 50 coins by market cap, Zcash is up 24.1% over the past week, followed by Pepe, Bittensor and Aster, up 21.9%, 19.8% and 18.5% over the same period.

Lai Yuen, investment analyst at Fisher8 Capital, said weekend price action briefly flashed risk-on signals before fizzling. "There were some attempts at rallies over the weekend after Bitcoin broke $70,000 and Solana went above $90," Yuen told Decrypt. "Probably some people took that as a risk-on signal over an illiquid weekend to pump altcoins. But now that the breakout on majors has failed, I think altcoins are returning their wins."

Improving macro sentiment—particularly softer U.S. inflation data has boosted risk appetite across assets, according to Ignacio, CMO at Bitget.

"Capital is rotating selectively into high-conviction altcoins with strong narratives, such as ETF speculation and ecosystem momentum in sectors such as DeFi, AI agents, and gaming," he told Decrypt. "This has triggered short-term relief rallies and double-digit gains in select tokens as traders regain confidence after earlier volatility."

Interestingly, though, each of these altcoins remains dramatically below all-time highs set years ago.

Despite the green candles, Zcash trades more than 90% below its 2016 all-time high of $3,191. Pepe and Bittensor are both 84% and 75% off their respective ATHs formed in December 2024 and March 2024.

https://decrypt.co/358144/crypto-traders-rotate-into-select-altcoins-as-bitcoin-stalls

prpper

Nuclear renaissance: The Departments of Energy and Defense airlifted a small nuke reactor for the first time, which is expected to be operating by July 4.

IP rights: ByteDance will strengthen safeguards for its AI video generator after Disney (DIS) and Paramount Skydance (PSKY) reportedly threatened legal action.

DEI criteria: Goldman Sachs (GS) is planning to remove diversity requirements for its board following similar rollbacks by banking rivals.

Easing requirements Changes might be coming to the mortgage industry, as the outlook shifts on the risks origination and servicing pose to the banking system. Regulations in the post-2008 world prioritized safety over market participation, with increasing restrictions gradually pushing out traditional lenders from the mortgage market. It's a big topic that's taking place as the housing market continues to thaw, with the hope of increasing competition and potentially lowering costs for consumers.

Quote: "We have seen a significant migration of mortgage origination and servicing out of the banking sector," Fed Vice Chair for Supervision Michelle Bowman told an American Bankers Association event in Florida. "The data tells a clear story. In 2008, banks originated around 60% of mortgages and held the servicing rights on about 95% of mortgage balances. Since that time, the contraction has been extraordinary. As of 2023, banks originated only 35% of mortgages and serviced about 45% of mortgage balances."

The first proposal specified by Bowman would remove the requirement to deduct mortgage servicing assets from regulatory capital while maintaining the 250% risk weight assigned to those assets. Another area that could work within the Basel III framework would consider increasing the risk sensitivity of capital requirements for mortgage loans on bank books. This approach could use loan-to-value (LTV) ratios to determine the applicable risk weight for residential real estate exposures, rather than applying a uniform risk weight regardless of LTV.

On watch: The effects could be significant for non-bank lenders, who have seen their market share rise significantly in the aftermath of the 2008 financial crisis. Players like Rocket Mortgage (RKT), United Wholesale Mortgage (UWMC), PennyMac Financial (PFSI), and loanDepot (LDI) might be forced to defend their margins against newly incentivized bank competition. It would also encourage Wall Street institutions like Wells Fargo (WFC), Bank of America (BAC), and JPMorgan Chase (JPM) to claw back their share, and compete more aggressively for the mortgages typically sold to or guaranteed by government-sponsored agencies like Fannie Mae (FNMA) and Freddie Mac (FMCC). (1 comment)

Here's the latest Seeking Alpha analysis

Top AI Stocks With Short Squeeze Potential

AWP: A 12% Income Champion That Keeps Paying Monthly

How To Retire On $500,000 With A Near-Perfect Portfolio

Microsoft Is Spending, Investors Are Losing

An $80 Billion Liquidity Storm May Be About To Hit Stocks This Week

What else is happening...

Second bidding war for Warner Bros. Discovery (WBD)?

Slower grocery inflation doesn't mean cheaper prices.

ZIM (ZIM) surges 35% following merger of new shipping giant.

Venezuela oil sales top $1B; U.S. redirects funds from Qatar to Treasury.

Is Kraft Heinz's (KHC) announcement a love letter to investors?

Hyatt’s (H) executive chairman retires citing Epstein ties.

Changes: Elliott builds 10% stake in Norwegian Cruise Line (NCLH).

Tesla's (TSLA) autonomy-as-a-service era; SpaceX autonomous drone tech.

Casino meltdown: Will gold-to-cash machines move in next to ATMs?

Apple (AAPL) adds integrated video podcasts, taking on Spotify and YouTube.

Odds near one in four Supreme Court rules in favor of Trump's tariffs.

Today's Markets

In Asia, Japan -0.4%. Hong Kong closed. China closed. India +0.2%. In Europe, at midday, London +0.4%. Paris flat. Frankfurt +0.1%. Futures at 7:00, Dow -0.1%. S&P -0.2%. Nasdaq -0.7%. Crude +1.4% to $63.79. Gold -1.7% to $4958.30. Bitcoin -2.3% to $68,127. Ten-year Treasury Yield -2 bps to 4.03%

Epoch 6 is getting close to end 🤩

GoMining Epoch is basically the “season” system inside the GoMining ecosystem, and it’s one of the things that makes the whole project more interesting than just holding a digital miner and waiting. Instead of being static, the platform runs in time-limited cycles called Epochs. Each Epoch has its own rules, rewards, and leaderboard, which keeps things dynamic and competitive.

At its core, GoMining lets users own digital miners that represent real Bitcoin mining power. These miners generate rewards based on actual hashpower, but during an Epoch, your activity can also earn you extra bonuses. That’s where it gets engaging. You’re not just passively earning — you’re completing tasks, upgrading miners, and climbing ranks.

Every Epoch usually lasts a set number of weeks. During that time, users can earn points by holding miners, increasing their power, maintaining efficiency, or participating in ecosystem features. The more active and strategic you are, the higher you place on the leaderboard. At the end of the Epoch, rewards are distributed based on ranking and performance. These can include token bonuses, discounts, or special perks inside the platform.

What makes the Epoch system stand out is the gamified layer. It adds a competitive edge without forcing anyone to take big risks. If you want to stay casual, you still benefit from mining rewards. But if you’re more involved, there’s room to optimize and push for higher returns. It feels a bit like a seasonal battle pass in gaming — temporary, structured, and goal-oriented.

Another important aspect is that Epochs help balance the ecosystem. By introducing changing conditions and incentives, the platform encourages long-term participation instead of short-term speculation. Users who stick around and actively manage their miners often get the most value.

In short, GoMining Epoch isn’t just a marketing event. It’s a recurring system that adds structure, competition, and extra earning opportunities to digital Bitcoin mining. Whether you’re in it for steady rewards or aiming to top the leaderboard, each Epoch brings a fresh chance to improve your position and make the most out of your miners.

Monday, February 16, 2026

HIVE Delivers Record Q3 Revenue of $93.1 Million with $32.1 Million Gross Operating Margin, Up Over 6x Year-Over-Year

https://preview.redd.it/ak8ibpc120kg1.png?width=1000&format=png&auto=webp&s=0367231f6e3b14326544b10fa648a3fa2befaf3f

San Antonio, TX, February 17, 2026 — HIVE Digital Technologies Ltd. (TSX.V: HIVE) (Nasdaq: HIVE) (FSE: YO0) (BVC: HIVECO) (referred to as the “Company” or “HIVE”), a global leader in sustainable data center infrastructure, announced its results for the third quarter ended December 31, 2025 (all amounts in US dollars, unless otherwise indicated).

HIVE delivered record quarterly revenue of $93.1 million, representing 219% year-over-year growth and 7% quarter over quarter growth, and Adjusted EBITDA of $5.7 million. Gross operating margin expanded significantly to $32.1 million (34.5%), up more than sixfold compared to $5.3 million in the prior year period.

This quarter marks the strongest “dual-engine” growth in HIVE’s history, driven by the rapid scale-out of its Bitcoin hashrate fleet to an installed base of 25 Exahash per Second (“EH/s”) by period end December 31, 2025 and accelerating demand for BUZZ HPC platforms.

Q3 FY2026 Financial Highlights:

Total Revenue: $93.1 million, a 219% increase from $29.2 million in Q3 FY2025 and a 7% increase over last quarter. Gross operating margin was $32.1 million or 35%3, up from 18% in fiscal Q3 FY2025. See the calculation of direct costs and mining margin included below in this press release.
Digital Currency Hashrate Revenue: $88.2 million, up 8% from Q2 FY2026, reflecting a 41% quarter-over-quarter increase in average hashrate to 22.9 EH/s, partially offset by approximately 10% lower Bitcoin prices and 15% higher network difficulty. This hashrate revenue was achieved at a direct cost of $57.8 million, of which approximately 90% is energy costs. See the calculation of direct costs included below in this press release.
Bitcoin Output: Generated 885 Bitcoin, representing a 23% quarter over quarter increase, despite a 15% rise in network difficulty.
HPC Revenue: BUZZ HPC revenue was $4.9 million during the quarter. This revenue was achieved against direct costs of $2.3 million.
G&A: $8.4 million, up from $7.8 million in Q2 2026, primarily as a result of increased staff to support HIVE’s global expansion, including Paraguay, and the BUZZ HPC business. Notably, while gross operating margin increased more than 6x year-over-year, corporate G&A grew only 1.8x over the same period, demonstrating operating leverage and disciplined scaling.
Net Loss: GAAP net loss of $91.3 million was primarily driven by $57.4 million in accelerated depreciation related to the Paraguay expansion and non‑cash revaluation adjustments. The loss reflects HIVE’s decision to depreciate the next‑generation ASIC fleet over a two‑year cycle, rather than the typical four‑year schedule, to reflect the faster pace of efficiency improvements and shorter economic lives of new ASICs—a conservative approach aligned with our strong growth in Paraguay and focus on operating income.
Adjusted EBITDA1: $5.7 million.

OPERATING PERFORMANCE: SCALE WITH DISCIPLINE

Infrastructure Expansion

Completed Paraguay Buildout and Achieved 25 EH/s: Operating 440 megawatts (“MW”) of global, hydro-powered capacity with 25 EH/s installed and 22.9 EH/s average operational hashrate, while reaching 17.5 Joules per Terahash (“J/TH”) fleet efficiency; record completion of 300 MW of green-energy Tier-I infrastructure brought online in 6 months (from May 2025 to November 2025).
Land & Power: The company signed an additional 100 MW PPA in Yguazú and bought 10 hectares of land, with energization targeted for Q4 2026. This maintains our growth in Paraguay by an additional 10 EH/s. Subsequent to the quarter end, the Company has purchased an additional 63 hectares of land.

Positioning for AI and HPC Growth: Future Capacity & Growth Outlook

Accelerating AI Revenue: In February 2026, the Company signed a 2-year, $30 million contract for 504 Nvidia B200 GPUs. Expected deployments to be live in calendar Q1 2026 at Bell’s Tier-III facility; adds ~$15 million of ARR and lifts HPC annualized revenue ~75% (from $20 million to $35 million). Targeting $140 million ARR by Q4 2026 for GPU AI Cloud with 11,000 GPUs, subject to market conditions and successful infrastructure deployment.

BUZZ’s Growth Plan: Targeting $225 million ARR for total HPC revenue (HPC Tier-III colocation at HIVE’s New Brunswick 70 MW Tier-I data center to be converted to 50 MW of IT Load for Tier-III hyperscaler colocation, estimated to generate $85 million ARR in addition to the GPU AI Cloud revenue) by end of calendar 2026 or early 2027 as GPU cloud and colocation capacity expands.

Strengthened Runway for Scalable Compute: By year-end, HIVE expects to operate a 540 MW energy footprint (440 MW currently operating, plus the additional 100 MW PPA contracted). Existing and incremental megawatts will be evaluated to preserve flexibility for highest-value deployments – toward expanding EH/s or supporting future AI and high-performance computing workloads.

Management Insights

Frank Holmes, HIVE’s Executive Chairman, stated, “This quarter marked an inflection point for HIVE. We delivered record revenue, scaled our renewable-powered Tier-I hashrate platform to 25 EH/s and accelerated our AI strategy. These milestones reflect disciplined execution across both engines of our business – Bitcoin hashrate services as the cash generator and BUZZ as our high-growth HPC platform, positioning HIVE for diversified, recurring revenue growth. Demand for AI compute continues to rise, and HIVE is leveraging its long track record in high-performance compute infrastructure and deep technical expertise in AI cloud services and data center operations to capture that opportunity.

Notably, we are also positioning Paraguay to be a leader in HPC for Latin America. With abundant and stable green energy, and a government that is strongly-aligned with the United States, we believe Tier-III data centers are the future in Paraguay. Our future deployments in Paraguay will have the architecture and infrastructure footprint for Tier III future deployments as we build out our powered land. Our team has ordered the substation for the additional 100 MW at Yguazú, which we expect to come online in calendar Q3 2026.

Moreover, the Company has a strategic alignment with Paraguay’s largest Tier III telecom datacenter operator, where we are sending a cluster of high-performance GPUs which will operate on the BUZZ AI Cloud out of Asuncion. Thus, by laying the foundation for long-term and rapid scale HPC Tier III Data Center deployment with our next 100 MW in Yguazú, and curating HIVE’s first Latin America GPU AI cloud proof-of-concept this quarter from Asuncion, our vision is to be a first mover in Latin America, powering the AI industrial revolution with renewable energy from Paraguay.

HIVE will be a key economic driver for Paraguay, as we anticipate materially contributing to the GDP growth of the country through our data center construction expenditures and stable and long-term consumption of power from the Itaipu Dam, which will strengthen Paraguay’s domestic energy market and drive revenue for ANDE and the government. President Santiago Pena has demonstrated great leadership, along with Marcos Riquelme and Ruben Ramirez Lezcano, which gives us the confidence to advance our investments into Paraguay.”

Mr. Holmes continued, “Our wholly owned subsidiary, BUZZ AI has begun to demonstrate the scale of its earnings power. With this growth, our early‑stage Paraguay platform becomes even more strategic, as we partner with a leading Tier‑III telecom data center operator in the country and deploy our first cluster of high‑performance GPUs into that facility, demonstrating that our GPU chips have arrived and that Paraguay can be a cornerstone market for BUZZ in Latin America. Tier‑I data centers are a critical first step in building the power and infrastructure backbone required for future Tier‑III AI and HPC campuses, and we see them as the key runway for grid build‑out and long‑term capacity planning across our global platform. This is the strategy we are executing in Canada and Sweden today, and now in Paraguay as we develop large‑scale, renewable‑powered Tier‑I capacity that can be systematically upgraded into Tier‑III AI and HPC data centers over time.”

Aydin Kilic, President & CEO, stated, “This quarter demonstrated HIVE’s execution in both our Tier-I hashrate platform and GPU AI Cloud. Our business has scaled substantially over the last year. Notably, our gross operating margin has increased over 6x YoY, from $5.3 million period end December 31, 2024 to $32.1 million this current period end December 31, 2025. At HIVE, we pursue accretive growth with a high-performance work culture, and this exponential growth in gross operating margin relative to corporate G&A reflects our expertise to scale with our Tier-I hashrate platform. Furthermore, this growth in corporate G&A includes added key personnel and talent to our BUZZ HPC and GPU AI Cloud business. In this fiscal quarter, we announced the purchase of 504 next-generation AI-optimized GPUs, and last week, ahead of their installation in March 2026 in the BUZZ Canada West facility, we announced the entire cluster was leased on a two-year fixed term contract valued at $30 million. As we expand BUZZ, we are leveraging our proven infrastructure operating model and deep technical expertise in AI to deliver GPU cloud and colocation capacity quickly and reliably for enterprise customers. With Tier-III+ capacity across Canada, Sweden and a growing pipeline of multi-year GPU cloud and colocation demand, we believe HIVE is positioned to build a durable, high-margin, recurring revenue platform through 2026 and beyond. This dual engine strategy provides continued growth and sustained cashflow as we navigate the recent volatility in Bitcoin hashrate revenues.”

Darcy Daubaras, HIVE’s CFO, stated, “This quarter demonstrates strong revenue growth and operating margin expansion despite a more competitive hashrate environment. Accelerated depreciation impacted net income, but reflects conservative accounting and disciplined balance sheet management. We believe our cost structure and renewable power strategy position us to generate attractive operating margins as competition increases.”

Strategic Positioning

HIVE’s “dual-engine” strategy — Bitcoin infrastructure as cash generator and BUZZ AI Cloud as high-growth recurring revenue — provides diversification and capital allocation flexibility.

The Company remains focused on:

Expanding gross operating margin
Scaling recurring AI revenue
Maintaining disciplined G&A growth
Preserving balance sheet strength

With renewable-powered infrastructure across Canada, Sweden, and Paraguay, HIVE believes it is positioned to build a durable, margin-driven digital infrastructure platform through 2026 and beyond.

Conference Call Information

HIVE will hold its fiscal Q3 2026 earnings call on Tuesday, February 17 at 8:00 AM EST. To participate in this event, please log on or dial in approximately 5 minutes before the call.

Date: February 17, 2026

Time: 8:00 AM EST

Webcast: Registration link here

Dial-in: Provided after registration

Financial Statements and MD&A

The Company’s Consolidated Financial Statements and Management’s Discussion and Analysis (MD&A) thereon for the three months ended December 31, 2025 will be accessible on SEDAR+ at www.sedarplus.ca under HIVE’s profile and on the Company’s website at www.HIVEdigitaltechnologies.com.

¹ The Company has presented certain non-GAAP measures in this report. The Company uses EBITDA and Adjusted EBITDA as a metric that is useful to management, the board and investors for assessing its operating performance on a cash basis before the impact of non-cash items and acquisition related activities. EBITDA is net income or loss from operations, as reported in profit and loss, before finance income and expense, tax and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted for by removing other non-cash items, including share-based compensation, finance expense, depreciation and one-time transactions. The following table provides an illustration of the calculation of EBITDA and Adjusted EBITDA for the last five quarters:

https://preview.redd.it/2glxh7hn10kg1.png?width=692&format=png&auto=webp&s=82d18eadfbacafa20d6fcd94d09d5a05723d9d4b

² Net realized and unrealized gains (losses) on digital currencies is calculated as the change in fair value (gain or loss) on the coin inventory, and the gain (loss) on the sale of digital currencies which is the net difference between the proceeds and the carrying value of the digital currency. ³ The following represents the Revenue and related costs that comprise the gross mining margin. We include connectivity, security, data center maintenance, and electrical equipment maintenance. Electrical costs may vary quarter over quarter.

https://preview.redd.it/7zkh0fhn10kg1.png?width=692&format=png&auto=webp&s=91d141ecc45d9d0475a2ddc7aa9403dd6fe1d131

*Average revenue per BTC is for hashrate services operations only and excludes HPC operations.

https://preview.redd.it/6968l7hn10kg1.png?width=692&format=png&auto=webp&s=429f0345c7f76d87d58a232814f5011d7d4005e1

⁴ References to annualized revenue and run-rate revenue are considered future-oriented financial information. Readers should be cautioned that this information is used by the Company only for the purpose of evaluating the merit of this line of its business operations and may not be appropriate for other purposes.

Quarterly ATM Sales Report

For the three-month period ended December 31, 2025, the Company issued 4,925,948 common shares (the "November 2025 ATM Shares") pursuant to the at-the-market offering commenced in November 2025 (the "November 2025 ATM Equity Program") for gross proceeds of C$22.0 million ($15.8 million). The November 2025 ATM Shares were sold at prevailing market prices, for an average price per November 2025 ATM Share of C$4.47. Pursuant to the November 2025 ATM Equity program, a cash commission of $153 thousand on the aggregate gross proceeds raised was paid to the sales agents in connection with its services under the November 2025 ATM Equity Program.

About HIVE Digital Technologies Ltd.

Founded in 2017, HIVE Digital Technologies Ltd. is the first publicly listed company to mine digital assets powered by green energy. Today, HIVE builds and operates next-generation Tier-I and Tier-III data centers across Canada, Sweden, and Paraguay, serving both Bitcoin and high-performance computing clients. HIVE’s twin-turbo engine infrastructure-driven by hashrate services and GPU-accelerated AI computing-delivers scalable, environmentally responsible solutions for the digital economy.

Read the full news release: https://www.hivedigitaltechnologies.com/news/hive-delivers-record-q3-revenue-of-931-million-with-321-million-gross-operating-margin-up-over-6x-year-over-year/