TSXV:HIVESoftware
What HIVE Digital Technologies (TSXV:HIVE)'s $300 Million Equity Raise Signals After Surging Bitcoin Production
HIVE Digital Technologies Ltd. recently announced a US$300 million follow-on equity offering, following the company’s shelf registration filing and reports of strong quarterly Bitcoin production and revenue growth.
This significant capital raise comes soon after HIVE achieved an approximately 76% sequential increase in Bitcoin mined and a very large rise in quarterly sales compared to the prior year.
We’ll explore how HIVE’s decision to pursue a major capital raise following robust...