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Bullboard - Stock Discussion Forum 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... see more

TSXV:HIVE - Post Discussion

HIVE Digital Technologies Ltd. > Expect a nice bump for hive as bitfarm investors flee
View:
Post by DotComRich on May 17, 2021 11:53pm

Expect a nice bump for hive as bitfarm investors flee

Bitfarms just announced a $75 mil 15% share dilution at $5.30 CAD. I mean could they have picked a worse time yikes wouldn't want to be bag holding that. Expect a massive exodus of money now that their Nasdaq pump and dump has come to an end. You know damn well a lot of that money will be coming to the most undervalued yet most profitable miner in the industry here at hive.

cheers everyones :)
Comment by AlphaJ on May 18, 2021 1:55am
Oh stfu. Hive has diluted the shares like 15 times in the last year. Didn't stop you from investing. Your like a spiteful child. Grow up dude.
Comment by DotComRich on May 18, 2021 8:49am
Awww guys I triggered our full-time troll with simple facts, what a shocking turn of events.
Comment by AlphaJ on May 18, 2021 9:03am
This post has been removed in accordance with Community Policy
Comment by greendaze on May 18, 2021 2:30pm
Truth ! 
Comment by DotComRich on May 18, 2021 3:10pm
This will play out over a week or two, and then a few months from now they will have to do it all over again since they make no money. Then a few months from there they will do it again, mark my words. Bitfarms still has at minimum another 2 years of growing pains. It may be a great stock for the next bull cycle, but certainly not this one. Lets not forget how much capital they have tied up in ...more  
Comment by bullFire on May 18, 2021 3:13pm
This is just the beggining for dilution for BITF. I agree. 2-4 more years of growing pains, dilution, selling cyrpto. BITF will have a terrible time trying to turn profits. HIVE is already established and rolling heavy. $$
Comment by MrBeckhamJr7 on May 18, 2021 3:25pm
Expect bitf's shares to be worth less and less by the end of 2021. 
Comment by bullFire on May 18, 2021 4:02pm
I expect BITF S/P with dilution to be about 2.00 in a month or two. They need to finace those "projects" somehow. Or they will sell most of their crypto to fund it.
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