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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.


TSXV:HIVE - Post by User

Comment by talkmarket2on Dec 24, 2020 8:56am
426 Views
Post# 32176387

RE:why is the stock plunging pre market ?

RE:why is the stock plunging pre market ? I agree, Frank is very confident the stock is worth over $3.00. There new S8 miners should be up and running by the end of next month, thus there production of etherium will increase dramatically from the older machines.All the mining stocks have sold off from there recent runs. This is completely normal, and as far as analysts are saying we are just starting the bull run in crypto, and many feel etherium will outperform bitcoin in this cycle. They earned .03 USD for last quarter .....thats .12 USD ....about .15 CAD for 4 quarters if no further growth. .15 X 20 PE is a $3.00 CAD stock price. Money is flowing into the crypto sector by the billions. I will follow the money and bet this bull cycle has a long, long way to go still.
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