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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 Bac0non May 12, 2022 2:26pm
93 Views
Post# 34678776

RE:RE:I told you so.

RE:RE:I told you so.if you are a current shareholder of HIVE. you have 2 options only:

1. sell now and take a bath, since you are selling at the bottom (but seeing as how almost all of you claim to have bought at 7 cents. you would be wise to be selling here)

2. continue to hold and lose 80% of your current shares.

thats it. those are your options.

after the reverse split happens, the stock price will go to around $5 immediately. (but remember you already lost 80% of your shares...) 
then after a few weeks / months HIVE will decline to the bottom (Bitcoin price dependant of course)

The sell off could be so huge on HIVE that it may actually look attractive again.
Don't get me wrong, HIVE is by far the worst crypto mining stock to own. But if its selling for pennies on the dollar. might be worth a quick flip.

but hey what do I know?
I think you all should take investment advice from Greendaze. shes been crushing it.

*snickers*
*puffs cigar*

-Bac0n

AlphaJ wrote:
some else said that. After a split, it will drift to its price yesterday. Is that how it is? Lol even if that happened. I still wouldn't buy hive as all of its operations are struggling ETH mining down, ALT mining down, defi down. Only thing holding in any respect....Bitcoin.


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