HIVE Digital Technologies Ltd. went open in 2017 as the first cryptocurrency mining company recorded for exchanging on the TSX Wander Trade with a center on maintainable green vitality. This article serves as a presentation to Hive Technologies, clarifying what they do and how their stock performance can be evaluated.
Hive Technologies
HIVE is a high-growth technology company that operates in the early-stage blockchain sector and focuses on technology stocks. As a publicly-traded company with shares in a large stock exchange, we are establishing a link between the digital currency and the blockchain industry and the equity market. HIVE hosts and operates modern cloud infrastructure and green energy-powered data centers in Canada, Sweden, and Iceland where we strive to obtain clean power to mine digital assets like Bitcoin entirely on a cloud. Since the beginning of calendar year 2021, HIVE has had a significant portion of its treasury BTC mining rewards kept in cold storage.
Through shares, we offer investors an opportunity to have exposure to the operating margins of digital currency mining, a portfolio of bitcoin. We also have another significant advantage – HIVE also owns material assets such as data centers and complex multi-purpose servers; that is why, in our opinion, buying shares in our company, investors can obtain exposure to the cryptocurrency market.
Hive Technologies, formerly known as Hive Blockchain Technologies, is a company aiming to bridge the gap between traditional financial markets and the exciting world of blockchain technology. Their core business focuses on two main areas:
- Cryptocurrency Mining: Hive operates large-scale mining facilities that generate cryptocurrencies like Bitcoin and Ethereum. They leverage renewable energy sources in places like Iceland to power their operations.
- Infrastructure Solutions: Hive offers infrastructure solutions within the blockchain industry. This could involve data center management or other services that support the smooth functioning of blockchain networks.
Investing in Hive Technologies
Investing in Hive Technologies
Hive’s stock trades under the ticker symbol “HIVE” on the Toronto Stock Venture Exchange (TSXV). As with any investment in the cryptocurrency space, there’s inalienable instability. Here’s a quick see at a few key focuses to consider:
Stock Performance: HIVE has experienced recent growth, up 18% within the past week and 35% over the month (as of June 25th, 2024). Be that as it may, the 52-week extend appears noteworthy variance, with a low of $2.18 and a high of $6.84.
Financials: Whereas Hive recently beat investigator estimates for profit per share, they are still working at a net loss. It’s important to do your own inquiry about their financial health some time recently making any investment decisions.
From Where User can Buy HIVE
There are several crypto exchanges and trading platforms where users can purchase HIVE, these are the platforms where you can buy HIVE Binance, Bithumb, Gate.io, Huobi Global, Bittrex, ProBit Global, MEXC, Indodax, Tokocrypto, WazirX, Upbit, CoinEx,Pionex, CoinDCX, Bitcoiva, Jubi and ProBit.
Is Investing In Hive Technologies Right for You?
Investing in Hive offers potential introduction to the developing world of blockchain technology. In any case, it’s important to understand the risks included. Here are a few extra variables to consider:
- Cryptocurrency Market Fluctuations: The value of Hive’s stock is specifically tied to the cost of cryptocurrencies. Be arranged for critical ups and downs.
- Competition: The cryptocurrency mining space is crowded. Hive faces competition from built up players and modern participants alike.
Note: Keep in mind, this can be fair a beginning point! Do your research before making any investment choices.
Earnings Estimate Revisions for HIVE Digital Technologies
For the financial year finishing March 2024, this crypto currency mining company is expected to win -$0.52 per share, which is a alter of 66.5% from the year-ago reported number.
Investigators have been consistently raising their estimates for HIVE Computerized Innovations. Over the past three months, the Zacks Agreement Estimate for the company has expanded 12%.
Latest Update: Hive Technologies raises €28.2M for operations platform expansion
Operations stage Hive Technologies (Hive) has raised a €28.2 million Arrangement at an expanded valuation.
Established in 2020, Hive consistently combines capable innovation with an arrangement of driving operations suppliers, sparing commerce brands on normal 17 percent on costs and producing up to 24 percent income elevation.
The company’s stage covers the whole operations value chain, counting satisfaction, delivery, and post-purchase experience.
Key Features are:
- Multi-channel inventory and order management
- Intelligent carrier selection
- Personalisation tools
- A consumer facing tracking and returns solution
Price of Hive Technologies
Price of Hive Technologies
According to coinmarketcap.com at 25 june 2024 Hive price is $0.226988 USD with a 24-hour trading volume of $32,536,915 USD. We update our HIVE to USD price in real-time. Hive is down 1.55% in the last 24 hours. The current CoinMarketCap ranking is #338, with a live market cap of $113,663,836 USD. It has a circulating supply of 500,749,243 HIVE coins and the max. supply is not available.
To Conclude
HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets.Understanding to Hive Technologies,Its Stock Investing, where Users can Buy HIVE and its price.
