HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s): HIVE

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.

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HIVE Digital Technologies Ltd.

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Post by Money_514on Feb 07, 2022 2:45pm

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Post# 34405828

The Valkyrie Bitcoin Miners ETF

Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing

Aoyon Ashraf

Mon., February 7, 2022, 1:18 p.m.

In this article:

The Valkyrie Bitcoin Miners ETF, the exchange-traded fund (ETF) that offers exposure to the stocks of bitcoin miners, received approval from Nasdaq for listing on the exchange under the ticker “WGMI.”

The fund comes with an expense ratio of 0.75% and is expected to start trading on Tuesday, according to Valkyrie’s spokesperson.
The fund will invest at least 80% of its net assets in companies that derive a minimum of 50% of their profit from bitcoin mining.
The fund’s top five holdings (all with allocations in the 8% to 10% range) are Argo Blockchain (ARBK), Bitfarms (BITF), Cleanspark (CLSK), Hive Blockchain (HIVE) and Stronghold Digital Mining (SDIG). Names in the next five holdings (all 4% allocation) include Marathon Digital (MARA), Bit Digital (BTBT) and Digihost Technology (DGHI).
In keeping with the times, Valkyrie notes the miners in the fund’s portfolio use about 77% renewable energy compared with average renewable energy usage throughout the U.S. of 31%.
Other U.S.-listed ETFs with heavy exposure to crypto miners include the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ), and the Bitwise Crypto Industry Innovators ETF (BITQ). Both ETFs had rough starts to the year alongside the steep decline in the price of bitcoin but have been bouncing back in the past few sessions as bitcoin regained its footing. Bitcoin is now above $44,000 for the first time since early January.