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 > HIVE Digital, with an EV/Revenue multiple of 2.9

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Post by sdhaka on Sep 19, 2024 8:01pm

HIVE Digital, with an EV/Revenue multiple of 2.9

HIVE Digital, with an EV/Revenue multiple of 2.9, continues to expand its focus on green energy-powered crypto mining. As BTC hash rates decrease, HIVE’s strategy to combine energy-efficient mining operations with crypto production places it in a strong position. With BTC prices stabilizing, HIVE could see improved profitability in the coming quarters.

For a more detailed analysis of HIVE Digital and the broader market, check out our full report—covering mining, crypto, and AI trends. It’s free, and you can subscribe for regular updates: https://www.researchfrc.com/content/analyst-ideas/post/142/gold-hits-new-high-central-banks-in-the-spotlight-bitcoin-outlook-turns-bullish