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HIVE Digital Technologies Ltd. Common Shares - $HIVE STOCK NEWS

Welcome to our dedicated page for HIVE Digital Technologies Ltd. Common Shares news (Ticker: $HIVE), a resource for investors and traders seeking the latest updates and insights on HIVE Digital Technologies Ltd. Common Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HIVE Digital Technologies Ltd. Common Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HIVE Digital Technologies Ltd. Common Shares's position in the market.

News
HIVE Digital Announces Amended At-The-Market Equity Program
Rhea-AI Summary
HIVE Digital Technologies has entered into an amended and restated equity distribution agreement with Canaccord Genuity and Stifel GMP. The agreement allows the company to sell up to US$90 million of common shares through at-the-market distributions. The net proceeds will be used for general corporate purposes, working capital requirements, debt repayment, acquisitions, and other corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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News
HIVE Digital Announces Quarterly Revenue of $23.6 Million, Gross Operating Margin of $8.0 Million and Achieves Adjusted EBITDA of $5.3 Million for the Quarter and the Purchase of 2,000 Bitmain S19 XP ASIC Miners for Immediate Deployment
Rhea-AI Summary
HIVE Digital Technologies Ltd. announces earnings report for Q1 2023, with revenue of $23.6 million and a gross operating margin of 34%. The company mined 834 Bitcoin, a 1.6% increase YoY, despite a 60% increase in mining network difficulty and a 50% decline in Bitcoin prices. HIVE's New Brunswick data center campus contributed to the significant increase in Bitcoin production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.46%
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RETRANSMISSION: HIVE Digital Provides July 2023 Production Update and Announces Deployment of Additional Supermicro Servers for Nvidia GPUs to Triple AI Computing Power
Rhea-AI Summary
HIVE Digital Technologies Ltd. announces unaudited production figures for July 2023, with 263 Bitcoin produced and a BTC HODL balance of approximately 2,032. The company's ASIC hashrate has grown 5% month over month and has maintained over 3.3 EH/s of Bitcoin mining capacity on average for July 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
AI
News
HIVE Digital Provides July 2023 Production Update and Announces Deployment of Additional Supermicro Servers for Nvidia GPUs to Triple AI Computing Power
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
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AI
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VIDEO - HIVE Blockchain Technologies: Doubling Processing Capacity, Green Energy Focus, and Disruptive Bitcoin Mining CEO Clips Video
Rhea-AI Summary
HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSXV: HIVE) plans to double its processing capacity this year, emphasizing green energy and sustainable cryptocurrency mining solutions. With a substantial Bitcoin balance sheet and a strong reputation as a top-performing green miner, HIVE is positioned as an excellent choice for shareholders seeking exposure to Bitcoin and disruptive technology. Utilizing Nvidia GPUs and AI technology, HIVE generates over $1 million in annual income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
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RETRANSMISSION: HIVE Digital Technologies Debuts Trading on Nasdaq Capital Markets
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.31%
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HIVE Digital Technologies Debuts Trading on NASDAQ Capital Markets
Rhea-AI Summary
HIVE Digital Technologies Ltd. announces that trading on the NASDAQ will resume today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.31%
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none
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News
RETRANSMISSION: HIVE Digital Technologies Debuts New Name and Strategic Expansion to Power the Future of Artificial Intelligence with our Nvidia GPU Cards
Rhea-AI Summary
HIVE Digital Technologies Ltd. announces a strategic shift to focus on GPU Cloud compute technology and AI applications. The company plans to utilize its Nvidia GPU fleet for computational tasks, branch out into GPU server cluster rentals, and launch HIVE Cloud, a cost-effective alternative to major cloud service providers. The name change reflects the company's progressive trajectory and its aim to provide AI compute for enterprises. HIVE anticipates significant demand for GPU compute in the growing AI sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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HIVE Digital Technologies Debuts New Name and Strategic Expansion to Power the Future of Artificial Intelligence with our Nvidia GPU Cards
Rhea-AI Summary
HIVE Digital Technologies Ltd. officially changes its name to better reflect its focus on revenue opportunities with Nvidia GPU cards in Cloud compute technology and AI applications. The company plans to expand its revenue channels with its Nvidia GPU fleet and branch out into GPU server clusters and a new cloud service called HIVE Cloud. The strategic pivot is driven by the growing importance of GPUs in advancing AI technology.
Rhea-AI Impact
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End-of-Day
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RETRANSMISSION: HIVE Blockchain Provides June 2023 Production Update
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.23%
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Stock HIVE logo
HIVE Digital Technologies Ltd. Common Shares

Nasdaq:HIVE

HIVE Rankings

#3712 Ranked by Market Cap
#2300 Ranked by Stock Gains
N/A Ranked by Dividends

HIVE Stock Data

218.40M
100.25M
0.24%
20.45%
6.52%
Data Processing, Hosting, and Related Services
Information
Link
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.