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HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE

Technology Software - Application Blockchain
HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's GPU fleet includes 4,000+ NVIDIA A40s w/ 48 GB RAM, 400+ NVIDIA RTX A6000s w/ 48 GB RAM, 12,000+ NVIDIA RTX A5000s w/ 24 GB RAM and 20,000+ NVIDIA RTX A4000s w/ 16 GB RAM. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

HIVE Digital Technologies Ltd. > How many of you are trading this in your TFSA?
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Comment by ScotiaOneon Dec 17, 2020 2:52pm
189 Views
Post# 32130035

RE:How many of you are trading this in your TFSA?

RE:How many of you are trading this in your TFSA?

prusik15 wrote: I bought 46000 shares in my TSFA a couple weeks ago, it feels like I'm robbing the Canadian government... Just wondering how many of you are in a similar boat?


I am, and say rob away! HOWEVER, from what I can tell its all fine and wonderful unless you trade too much i.e. if they see the account as day-trader activity then those gains will get taxed. Problem is, no where can I find any explanation as to what trading frequency actually constitutes "day trading"? Likely, if they see you profiting too much and are low on tax revenue!!!

Anyone else have an expert opinion to share on that point re: day-trading?

 

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