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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 Kensin1953on Feb 28, 2024 1:08pm
156 Views
Post# 35904271

RE:RE:Before opening bell

RE:RE:Before opening bell

With the shares outstanding at 100 mil and  likely 50% held by insiders and institutional investors, HIVE  could explode at any time. 

You must consider everyone that took an early position now taking their profit out on this run up and they will let the rest ride.
If you are a believer that by November 2025 that BTC will be $140k USD and ETH $14k USD  like some analysts predict, then the possibility of hitting much higher numbers is logical.
What did not exist on the last run was all the newly approved ETF Funds available to the general public.

What is apparent in a world gone financially unstable that perhaps hiding money in the digital universe is now a thing people do!

JMHO

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