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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 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

HIVE Digital Technologies Ltd > Hive Blockchain Announces US$15.0 Million Debenture With US
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Post by AwareInvestoron Dec 24, 2020 7:50am
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Post# 32176147

Hive Blockchain Announces US$15.0 Million Debenture With US

Hive Blockchain Announces US$15.0 Million Debenture With US
Hive Blockchain Technologies quietly announced this morning that it is conducting a private placement of convertible debentures exclusively with interim Executive Chairman Frank Holmes’ fund, US Global Investors. The debentures, which will see gross proceeds of US$15.0 million raised, follows the funds’ late night filing yesterday, indicating it had sold C$26.6 million worth of securities in the firm.
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