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HIVE Digital Technologies Ltd. (HIVE) (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announced the unaudited production figures from its global Bitcoin operations for December 2023, with 282.8 Bitcoin produced and a total of 1,707 BTC in HODL position. The company also appointed Luke Rossy as COO and Mario Sergi as CIO.
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HIVE Digital Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:YO0.F) announced the closing of a bought-deal private placement, resulting in gross proceeds of CAD$28,750,000. The net proceeds will be used to support the growth of its Bitcoin mining footprint and for working capital and general corporate purposes.
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HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announces the purchase of 7,000 units of new Bitmain S21 Antminers, expanding its Bitcoin mining capacity to 8 Exahash in 2024.
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HIVE Digital Technologies Ltd. (HIVE) (TSXV: HIVE) (NASDAQ: HIVE) (FSE:YO0) has announced the purchase of 7,000 units of the new Bitmain S21 Antminers, further expanding its digital asset mining capacity. The company's growth plans include expanding production to 8 Exahash in 2024 and continuing to expand its high-performance computing (HPC) platform.
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HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announces the purchase of 96 Nvidia H100 GPUs as part of its high-performance computing (HPC) and artificial intelligence (AI) strategy. The company's existing GPU business unit now has 2,600 GPUs listed with its HPC platform partners, with a $4 million annual run rate revenue. HIVE expects to reach over $25 million of annual run rate revenue in Q1 2024, with robust gross margins. The company has also repurposed over 3,000 GPUs within their crypto-mining facility, boosting profitability by approximately six times. HIVE expects to realize a combined $30 million of annual run rate revenue with high gross margins by the end of Q1 2024. Additionally, HIVE is in an excellent position to be a leader in the AI infrastructure revolution.
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HIVE Digital Technologies Ltd. (HIVE) announces the purchase of 96 Nvidia H100 GPUs as part of its high-performance computing (HPC) and artificial intelligence (AI) strategy. The company's existing GPU business unit now has 2,600 GPUs listed with its HPC platform partners, with a $4 million annual run rate revenue. HIVE expects to have 2,800 GPUs listed with HPC platforms by next week and is installing the infrastructure for another 2,000 GPUs in January. By Q1 2024, HIVE expects to reach over $30 million of annual run rate revenue with high gross margins. HIVE is also working with strategic partners to push the frontier of open-source AI large language models and has secured two of the new Nvidia GH200 Grace Hopper. The company's President & CEO, Aydin Kilic, states that they now have 2,600 GPUs live on their high-speed 100 Gigabit Ethernet (GbE) network operating in their Tier three data centers in Montreal, Quebec, and Stockholm, Sweden.
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HIVE Digital Technologies Ltd. (HIVE) produced 276.3 Bitcoin in November 2023, with a 5.4% month-over-month increase in mining capacity. The company invested in new ASIC chips, aiming for cash flow positivity post-halving and achieved a 100% ROI on some machine purchases.
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HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announces the purchase of 5,000 Bitmain S19k Pro ASIC miners, expected to enhance fleet efficiency and generate cash flow. The company has strategically procured these miners to optimize cost of production per Bitcoin and aims to hit 6.0 Exahash.
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10.37%
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HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announces the purchase of 5,000 Bitmain S19k Pro ASIC miners, expected to improve fleet efficiency and generate cash flow. The company aims to hit 6.0 Exahash ahead of the upcoming Bitcoin halving in April 2024.
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HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) announced the approval of all resolutions at its 2023 annual general and special meeting of shareholders. The board of directors' size was set at four, all director nominees were re-elected, and the company's amended incentive stock option plan and restricted share unit plan were re-approved.
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HIVE Digital Technologies Ltd. Common Shares
Nasdaq:HIVE
HIVE Rankings
HIVE Stock Data
218.40M
100.25M
0.24%
20.45%
6.52%
Data Processing, Hosting, and Related Services
Information
United States of America
Vancouver
About HIVE
blockchain protocols like bitcoin, ethereum, and other cryptocurrencies offer a secure way to transact without the need for middlemen. those who understand the potential of these technologies are creating new business platforms and winning first-mover advantages. until now, the complexity of cryptocurrencies has deterred traditional investors from gaining exposure to blockchain’s potential. hive, one of the first crypto companies to list on a major stock exchange, offers direct exposure to the crypto economy and its huge growth opportunities.