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HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd. is a Canada-based cryptocurrency mining company that focus on sustainable green energy. The Company is engaged in building a bridge between the digital currency and blockchain sector and traditional capital markets. It owns and operates predominantly green energy powered data center facilities in Canada, Sweden, and Iceland. It also owns hard assets such as data centers and advanced multi-use servers. It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). Its 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. The Company, through its subsidiary HIVE Performance Computing Ltd., is building HIVE Cloud, an enterprise-grade GPU Cloud service for demanding applications including AI training and inference. It operates over 100 MW of data centers in Canada and 46 MW in Iceland and Sweden.


TSXV:HIVE - Post by User

Post by MozzarellaMackyon Dec 07, 2020 11:36am
285 Views
Post# 32049488

Inefficient Market

Inefficient MarketIt seems most trading platforms updated. HIVE's EPS to 0.06 CAD... which has resulted in the buying frenzy as this stock was ridiculously undervalued. Now it's above a P/E of 20... which is still pretty modest. This was all known by us of course last week when they posted earnings... so it seems the TSXV isn't a very efficient market (not shocking..).

If we were listed on NASDAQ HIVE would have reached this price on the day of earnings (or before..).
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