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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 MozzarellaMackyon Jan 06, 2021 2:08pm
169 Views
Post# 32234464

RE:RE:Honest Post, all BS aside

RE:RE:Honest Post, all BS aside

I love HIVE but I don't understand this conspiracy theory. US global was issued convertible debentures they don't need to buy anything... they have a 3$ strike price, unless they want EVEN more than the approximate 5 million+ shares that will get them, I don't see how or why anything would manipulate and sell a company poised to explode?

My guess is a big player is just selling alot, maybe Genesis mining? They have 50+ million shares. I would agree that if they liquidated (although since they own more tha 10% of the company we should be hearing about this) they could keep the price depresed for a while, at which point if they stopped, we would explode. But they would be selling because they want out from HIVE, not because they need to keep the share price low for some tiny deal to close,

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