Bullboard - Stock Discussion Forum HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s): HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000... see more

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TSXV:HIVE - Post Discussion

HIVE Digital Technologies Ltd > BoooYahhh!!!.....I hate to be right

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Post by mrmomo on Dec 01, 2023 10:29am

BoooYahhh!!!.....I hate to be right

All the time.......but at least it's profitable......8). Looks like we'll be breaking through $40k some time next week or MAYBE even this coming week-end. Just how much past $40k we go.....will be interesting to see, as THAT will setup Bitcoin's next move to tackle the psychologically difficult 50K Boss level. As far as the miners go, CleanSpark is ON FIRE ......as expected 8) 8) 8)..........by yours truly.....but the rest of the sector including Hive looks deflated & disappointing in comparison to Bitcoin's moves. But this should change soon, once investors realize that there are other plays besides the BIG three of Mara, Riot & CLSK.

And this is when Hive & the others should make more eye-popping & satisfying moves. Also, i'm fairly certain Hive mgmt is still generously using their ATM tool, which if not used in a proper manner and timed correctly, could be a stock killer in the long term. Hopefully, Hive mgmt is smart enough, savvy enough to KNOW when to STOP. Because using it this way on major upward spikes, wil not only subdue any upward movement in the stock price, but will also turn off potential investors from investing in it. But i'm fairly confident & certain Hive will join the party & catch up with Cleanspark....at some point. As will DMG Blockchain or DMGGF/DMGI, the other one i rec'd for folks who can't buy the more expensice miners or those who wantb to take on more risk for a bigger payday....

So let's see where this goes next week. as i'm fairly hopeful we'll be at least VERY close to 40K maybe even soildly over it IF investors are prepped for the holidays and a bit of the holiday spirit, in the mood for celebrating.....8)

GLTA