HIVE Digital Technologies Ltd.

HIVE Digital Technologies Ltd. is a technology company that builds and operates data centers powered by green energy in Bermuda and Paraguay. The company is primarily involved in the mining and sale of digital currencies, as well as providing performance computing hosting and infrastructure solutions. It offers computational capacity to distributed networks in the blockchain industry. Formerly known as HIVE Blockchain Technologies Ltd., the company rebranded in July 2023 to reflect its broader focus on digital technologies. HIVE Digital Technologies is incorporated in 1987 and headquartered in San Antonio, Texas.

HIVE Digital Technologies Ltd. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol HIVE. The company trades in U.S. dollars (USD), as its primary listing is in the United States. The NasdaqCM is a U.S.-based stock exchange that lists smaller-capitalization companies, and HIVE's presence there provides investors with access to its shares in a major global market.

HIVE Digital Technologies Ltd. operates in the Financial Services sector, specifically within the Capital Markets industry. This classification reflects the company's involvement in digital currency mining and blockchain-related infrastructure, which are part of the broader capital markets ecosystem. The Capital Markets industry includes companies that facilitate the trading of financial assets, and HIVE's mining operations generate digital currencies that are traded on various exchanges.

HIVE Digital Technologies Ltd. is headquartered in San Antonio, Texas, United States. The company operates data centers in Bermuda and Paraguay, which are powered by green energy. While its headquarters are in the U.S., its operational footprint extends to these two countries, where it leverages renewable energy sources for its mining and hosting activities. The company serves the blockchain industry by providing computational capacity to distributed networks.

HIVE Digital Technologies Ltd. generates revenue primarily through the mining and sale of digital currencies, such as Bitcoin. The company operates data centers that run specialized hardware to solve complex mathematical problems, earning cryptocurrency rewards. Additionally, HIVE offers performance computing hosting and infrastructure solutions, providing computational capacity to distributed networks in the blockchain industry. By using green energy in its facilities in Bermuda and Paraguay, the company aims to reduce operational costs and appeal to environmentally conscious clients. The sale of mined digital currencies and hosting services form the core of its business model.