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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 bullFireon May 21, 2021 1:03pm
91 Views
Post# 33248487

RE:Nasdaq Facts

RE:Nasdaq Facts

Wow thanks for confirming your unemployment. Nobody asked this is useless information. You are sure great at killing some time and wasting the day!


Bac0n wrote: ok enough FUD, as usual old uncle Bac0n has to tell the mouth breathers how this actually works.
so first off here are the nasdaq listing requirements:
source:
Nasdaq Initial Listing Guide

Listing Timeline While it generally takes four to six weeks to process a listing application, this time frame is variable and may be shortened considerably, if the application raises no issues and the company responds quickly to Staff comments.

Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review.
Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing


ok so out of those requirements, where is HIVE?
week 1. company has submitted its application, in the case of a canadian company the 40F form. so HIVE is at the very beginning of this process.

where is BITF?
all the above steps have been completed, BITF has already received approval for listing.

so to summarize because I know many of you suffer from learning disabilites.
BITF has completed the above process and received approval.

HIVE is still on the 1st step.

im not sure what AlphaJ is smoking by "riding the NASDAQ bump", at this stage there is no indication what so ever that HIVE is going to get approved for NASDAQ listing. all that has happened so far, is they have applied. the end.

They still havent had a third party audit which is usually a requirement for weeks 2 - 4 during the NASDAQ staff review.

so no HIVE is not approved for NASDAQ, HIVE is not guaranteed a NASDAQ listing, I would even go as far to say that its unlikely HIVE gets a NASDAQ in the short term. and by short term I mean by end of 2021.

hope this clears things up for the children

*puffs cigar*

-Bac0n





 

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