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.

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HIVE Digital Technologies Ltd > Why go long?

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Comment by AlphaJon Feb 09, 2021 12:50pm

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Post# 32513996

RE:RE:RE:RE:RE:RE:Why go long?

Im not sure. I dont care about daily prices. My horizons are in months and weeks. If there are asks as low as $3.18. I assume that investors have low confidence in hive. But that can change quickly. I can see hive getting up or close to $4 before March assuming btc continues upward. Which, I assume it will. Sorry, but I dont have a clear answer for this as I tend to focus on BTC more then the proxies.