Hive Digital Technologies Ltd. (V:HIVE)
Business Focus: Cryptocurrency Mining
Rain as of April 01, 2024
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Latest 10 SEDI filings for HIVE within the last 6 months
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Company News
Apr 08, 2024 05:42 ET
Hive Digital Technologies sees uptick in Bitcoin and HODL growth in March moving to 2,287 bitcoins
Hive Digital Technologies Executive
Chairman Frank Holmes joined Steve Darling from Proactive to shared
its unaudited production figures for Hive Digital Technologies for
March 2024, along with updates on the company's Bitcoin holdings
and mining operations.
Apr 05, 2024 06:00 ET
RETRANSMISSION: HIVE Digital Announces Bitcoin Production and HODL Growth in March 2024 to 2,287 Bitcoins
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a pioneer in green energy-powered blockchain infrastructure, proudly announces its unaudited production figures for March 2024, with approximately $160 million of Bitcoin on the balance sheet. The Company has increased its Bitcoin holdings by 10% and its HODL position at month-end was 2,287 Bitcoin on the balance sheet. HIVE has maintained over 4.5 Exahash ("EH/s") of Bitcoin mining capacity, on average, for March 2024 (all amounts in US dollars, unless otherwise indicated).
Valuation Ratios
Industry
Sector
Beta
4.42
--
--
Price to Sales - TTM
2.78
3.54
4.75
Price to Book - most recent quarter
1.27
2.22
2.54
Price to Cash Flow per share - TTM
--
8.84
10.16
Price to Free Cash Flow per share - TTM
10.92
10.92
23.35
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 420,211 | 185,631 |
| Mar 31, 2024 | 234,580 | -188,831 |
| Mar 15, 2024 | 423,411 | -60,486 |
Business Summary
| Sector: Technology | Industry: Blockchain & Cryptocurrency |
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 commercial-grade NVIDIA graphic processing units (GPUs). The Company's 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. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.
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