Gate News message, April 23 — Three major developments in crypto mining and digital asset infrastructure unfolded on April 22. HIVE Digital Technologies Ltd. (NASDAQ/TSX-V: HIVE) completed a $115 million private placement of 0% convertible preferred notes, with full exercise of underwriters' over-a

Gate News message, April 22 — HIVE Digital's wholly-owned subsidiary HIVE Bermuda 2026 Ltd. completed a private placement of $115 million in zero-coupon convertible senior notes (including $15 million from over-allotment option), with maturity in 2031. The initial conversion price is

HIVE Digital Technologies plans to raise $75 million via 0% exchangeable senior notes to enhance GPU procurement and data center growth. Following the announcement, its stock dropped 11.5%, underperforming the mining sector.

HIVE Digital Technologies plans to raise $75 million via private placement of convertible senior notes. Proceeds will fund GPU purchases, data center construction, and corporate needs. The company anticipates transitioning to the main TSX board by April 30, 2026.

Gate News reported that on March 18, Bitcoin mining company HIVE launched its first AI GPU cluster in Paraguay, expanding its business scope beyond Bitcoin mining.

HIVE Digital is accelerating business restructuring, reducing bitcoin mining in Sweden and pivoting toward Canadian AI data centers and high-performance computing to address tax pressures and market volatility. The new business model will shift revenue generation from block rewards to computing power service fees to improve cash flow stability, though it also faces intensifying competitive challenges. This transformation reflects industry trend shifts and may reshape the profitability logic of the mining ecosystem.

Bitcoin mining company HIVE is gradually reducing its mining operations in Sweden due to tax disputes and operational uncertainty. Simultaneously, through BUZZ company, it is expanding its liquid-cooled AI data center capacity in Canada by four times. Despite gaining legal support, Swedish authorities are still requiring it to pay disputed tax deposits.

Week 9 of 2026, the average total network hash rate of Bitcoin slightly increased to 1055 EH/s, with the average price slightly down by 1.9% to $68,046. Mining company Abits Group raised $2.1 million, Hive's revenue increased but posted a loss of $91 million, and IREN will be included in the MSCI US Index.

Bitcoin mining company Hive announced that revenue for Q3 of fiscal year 2025 reached $93.1 million, a year-over-year increase of 219%. Despite the significant revenue growth, due to depreciation and revaluation adjustments caused by expansion in Paraguay, Hive still reported a net loss of $91.3 million.

Gate News Bot Message, December 30th, according to CoinMarketCap data, as of press time, HIVE is trading at $0.11, up 10.35% in the past 24 hours, reaching a high of $0.12 and a low of $0.09. The 24-hour trading volume is $15.1 million. The current market capitalization is approximately $54.3 million, an increase of $5.09 million from yesterday. ## Recent Important News about HIVE: 1️⃣ **Bitcoin Mining Business Continues Expansion Supporting the Token Price** As a Bitcoin mining company, HIVE's core business is closely related to Bitcoin market performance. With Bitcoin prices stabilizing and mining difficulty adjustments, improved profitability for miners lays the foundation for its token price. Enhanced mining competitiveness and the advancement of capacity planning directly influence market assessments of HIVE's long-term value. 2️⃣ **Funding