Canaccord raised the firm’s price target on Hive Digital (HIVE) to $8 from $7 and keeps a Buy rating on the shares. The firm said the company has taken a more opportunistic approach to prcuring power and its patience seems to have paid off, with the company signing a LOI to acquire Bitfarm’s Paraguay site at what we view to be a very attractive valuation which could materially boost its self-mining capacity.
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