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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

Post by stargazer1on Dec 15, 2024 7:34pm
130 Views
Post# 36363433

Hi ho, hi ho, it's off to HIVE we go

Hi ho, hi ho, it's off to HIVE we go
Bitcoin's high was $103,353 on 5 December 2024

Bitcoin is just now trading at a NEW HIGH:

Bitcoin USD (BTC-USD)

$104,897 + $1,494 vs previous high
 
Hive's yearly high was $5.74 on 27 December 2023
 
It's recent high was $5.46 on 11 November 2024
 
Bitcoin keeps hitting new highs but keeps backing off, and so does HIVE, to even larger percentages.
 
However, bitcoin is showing increasing strength.

Meanwhile, HIVE keeps improving its mining capabilities, plus it is showing increasing strength in its A.I. capacity.
 
HIVE could be getting ready to start solidly moving up and thus it could go past its recent highs.
 
Of course, by Monday bitcoin may be below $104,000, but if so, that will probably only be a temporary drop.

HIVE has recently been backing off. Now could be a good time to buy more.
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