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HIVE

HIVE Blockchain Technologies Ltd.

https://www.hiveblockchain.com

Industry

Financial - Capital Markets

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

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Crypto-related stocks are experiencing a rise in share prices due to an increase in Bitcoin's value. This movement is influenced by recent economic data and statements from Fed Chair Powell.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:57 pm

Canaccord Genuity has reiterated its Buy rating for HIVE Digital Technologies, maintaining a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:10 pm

HC Wainwright & Co. has upgraded HIVE Digital Technologies (NASDAQ:HIVE) from Neutral to Buy and raised the price target from $4 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:27 pm

HIVE Digital Technologies (NASDAQ:HIVE) reported Q1 earnings of $0.03 per share, significantly beating the analyst estimate of $(0.01). The company also reported sales of $32.20 million, surpassing the $24.32 million estimate. This marks a substantial improvement from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:09 am

Shares of crypto-linked stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:27 am

Shares of crypto-linked stocks are trading lower, possibly due to weakness in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:34 pm

HIVE Digital Technologies (NASDAQ:HIVE) shares are down 11.1% following an 8.64% drop in Bitcoin's price. Despite HIVE's recent production of 116 Bitcoin in July 2024 and significant purchases of new ASIC miners, the stock is affected by Bitcoin's volatility.

Portfolio Pulse from Dylan Berman

August 05, 2024 | 3:32 pm

Shares of crypto-linked stocks are trading lower after Bitcoin fell below $50,000.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:59 am

Shares of crypto-linked stocks are trading lower amid weakness in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:28 pm

HIVE Digital reported its July 2024 Bitcoin production, mining 116 BTC and increasing its HODL position by 2% to 2,533 BTC. The company maintained a 4.9 EH/s ASIC mining capacity and achieved an average of 24.6 BTC per Exahash. HIVE's Bitcoin HODL value is over $164 million.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:50 am

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