The expansion and the purchases that have occurred since then...
Expansion: +30 MW in New Brunswick (Pursuant to the Agreement, HIVE is satisfying the purchase price through the issuance of 4,600,000 common shares ("HIVE Shares") to GPU One and 400,000 HIVE Shares to GPU One’s minority partner, at a deemed price of C$5.00 per HIVE Share. Of the 4,600,000 HIVE Shares to be issued to GPU One pursuant to the Acquisition, 1,000,000 HIVE shares will be allocated to a holdback and earn-out to GPU One upon delivery of certain earn-out condition).
Expansion: +DEFTF: 10,000,000 common shares of DeFi Technologies, representing approximately 5% of the existing outstanding common shares of DeFi Technologies in exchange for 4,000,000 common shares of the Company
Expansion: + 10 MW in Bodens Sweden (Bodens Energi Nt AB for an additional guaranteed 10 MW of green energy electricity for its GPU data centre in Sweden).
Expansion: + 4.6 MW facility in the town of Robertsfors, Sweden.
Hash power/purchase: +NVIDIA GPU’s with a total contract value of more than US$66 million.
Hash power/purchase: +3,019 MicroBT WhatsMiner M30S dedicated mining computers. ~ US $25 million.
Hash power/purchase: +4,000 next generation miners (no brand name provided) ~ US $25-50 million?
Hash power/purchase: +1,800 Antminer S19j Pro miners from Bitmain Technologies Ltd. ~ US $18-20 million.
Folks... this is where the money has gone... and its been well spent...
And little to no debt...
Earnings will be stellar...