HIVE Amends Bitcoin HODL Value, Details Equity Sales
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HIVE Amends Bitcoin HODL Value, Details Equity Sales

HIVE Digital Technologies (TSE:HIVE) has released an update.

HIVE Digital Technologies Ltd. has corrected its August 2024 Bitcoin holdings to 2,567 BTC valued over $151 million, acknowledging a previous error in the count and valuation. The company also detailed its At-The-Market equity program transactions, selling over 1.3 million shares for approximately $4.46 million, which will fund data center equipment, BTC assets, and working capital. HIVE emphasizes its commitment to green energy in blockchain infrastructure and has plans to expand its mining hashrate after upgrades at its Paraguay facility.

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