HOARDING:
HIVE hasn't sold any of the crypto it's mined so far. So they are holding ethereum and a currency called Z-cash.
HUGE INFRASTRUCTURE:
Genesis is 20% of the worlds ETH mining.
The Sweden center is probably going to be the largest crypto mining operation in the world when it's fully up and running. HIVE plans to expand in Sweden.
THE LOW DOWN ON UNLEASHING RESTRICTED SHARES EARLY:
The decision to release shares earlier than planned was to alleviate a short squeeze in the stock. Evidently somebody lost some real money going short, Friday's price action in the morning was short squeeze related.
SWEDEN COMING:
Upon completion of the second phase construction of the Sweden data centre, the Company’s hashpower capacity is expected to be based approximately 78% in Sweden and 22% in Iceland.
GOLD STANDARD:
I'm more bullish on the stock and have no doubt that this is the gold standard publicly traded crypto miner.
Just that fact will ensure the stock trades at a hefty premium to whatever one makes up its net asset value is.
Recent HIVE News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 08:20:20 PM
- Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends • IH Market News • 12/29/2023 02:44:55 AM
- HIVE Digital Announces Closing of $28.75 Million Bought Deal Private Placement Financing to “HODL” Our Bitcoin Production and Expand Green Mining Footprint • GlobeNewswire Inc. • 12/28/2023 02:25:45 PM
- Crypto this Monday: Standard Chartered Tests e-CNY, Cosmos to Launch AtomOne Fork, and More • IH Market News • 11/27/2023 07:38:45 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/13/2023 09:06:53 PM
- Crypto This Wednesday: Aptos Tokens Unlocked, Coinbase Launches Encrypted Messaging Feature, and More • IH Market News • 07/12/2023 05:35:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/12/2023 12:05:36 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/10/2023 07:44:04 PM
- Crypto This Monday: 24 CBDCs by 2030, Standard Chartered BTC Price Prediction, and more • IH Market News • 07/10/2023 04:20:49 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/03/2023 07:57:12 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM