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Bullboard - Stock Discussion Forum HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE | V.HIVE.W

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. > HIVE Digital Provides January 2024 Production Update Increas
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Post by whytestocks on Feb 09, 2024 3:30pm

HIVE Digital Provides January 2024 Production Update Increas

NEWS: $HIVE HIVE Digital Provides January 2024 Production Update Increasing Bitcoin HODL by 14%This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated August 17, 2023, to its short form base shelf prospectus dated May 1, 2023. Vancouver, British Columbia--(Newsfile Corp. - February 9, 2024) - HIVE Digita...HIVE - HIVE Digital Provides January 2024 Production Update Increasing Bitcoin HODL by 14%
Comment by MrDales62 on Feb 10, 2024 6:17pm
So, for the last NR, Frank said this,  "With the Halving event in April 2024, the global daily Bitcoin block reward will reduce from 900 Bitcoin per day to 450 Bitcoin per day. This underscores the scarcity of Bitcoin, and thus we believe increasing our HODL will put HIVE in a strong position." So, in theory, the quarterly unit production would drop 50%, but the price per Bitcoin ...more  
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