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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 AlphaJon Apr 23, 2021 10:36am
53 Views
Post# 33054738

RE:Reply to financetechy retireat45

RE:Reply to financetechy retireat45O thunk your an idiot LOL
financetechy wrote: Hey great welcome, maybe we can collaberate, yea thanks for some clean up, i was stream from top level

quick corrections right earnings dated March1st...i took Feb 21st by mistake as i was looking at all time high share price which was actually Feb 19 

some good break downs on the detail, i did back of the envelope

however your section question about $75 mm Hodle - as of April 17th, well simply stating on March 31st their Hodle was $ 60 mm on Arpil 17th it was $75 mm gain of $15 mm on their total Hodl value, that was the only point.
My $850 k extrapolation actual does also take into account current gas fees earings est and mining/selling Eth classic plus admittedly a plug for earning some Defi income, but it was back of the envelope, so you say you get $470.000 daily and i said $850....so i will say we both are probably wrong...and I would only be right if Eth price were above 2500 by end of qrt....so lets agree the qrt ends at low side $103 million your number and on the high side $125 mm my number...I think we are both making the same point thats a fantastic multiple expansion. 

Finally re cash and captial, i was referencing the Hive announcement on April 7th..."as end of qrt we have $ 36 million cash on hand" they were unclear if that was incuding capital expe of total free cash....so again my point was they have been growing cash dramatically from 3rd qrt

So we agree.... dramatic free cash flow from 3rd qrt results and Hodle value from $15 million to over $100 mm by June ending

But again thanks for filling in detail and drilling down to more specifics








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