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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

Comment by Singidunumon Dec 24, 2020 5:26pm
329 Views
Post# 32181770

RE:RE:Be careful

RE:RE:Be carefulI guess you did not read the news from last night. By issuing convertible debentures they have diluted the shares. Debentures convert into NEW shares. In addition to that, they issued another 5M in stock warrants with a strike price of $3. So that's is dilutive as well. That's potetnial of additinal 20M shares at the strike price of $3. HIVE can be $3 next week if BTC hits $25k. So it is dilutive. 
I am bullish on BTC and have been buying since $14K. and I don't have anything against miners, but they are more risky than BTC. I am just telling people to be careful and to use stops. they can always buy back. 
That's all....


AlphaJ wrote:
a couple more points. Hive has no reason to dilute shares today, their making money and 2. As for US regulations. It may be a minor setback but the reality is. Those exchanges will just leave the US and go offshore to crypto friendly places. Crypto is borderless and the US will loose that fight.


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