HIVE Digital Technologies Ltd. engages in the mining and sale of digital currencies in Canada, Sweden, and Iceland. The company operates data centers for computing and mining cryptocurrencies, including Bitcoin and other coins. It also provides infrastructure solutions, as well as computational capacity to distributed networks in the blockchain industry. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.
Mining Momentum | HIVE Digital Technologies aims to double its Bitcoin mining capacity to 12 EH/s by late 2025, positioning itself for significant growth in the cryptocurrency secto |
Green Computing Edge | Explore how HIVE's commitment to 100% renewable energy powers its operations, offering a unique advantage in an environmentally conscious market |
HPC Ambitions | Delve into HIVE's strategic pivot towards High-Performance Computing, targeting $100 million in annual recurring revenue by the end of 2025 |
Valuation Insights | Analysts see potential upside with price targets ranging from $5 to $9, suggesting HIVE may be undervalued compared to peers in the mining industry |
Metrics to compare | HIVE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipHIVEPeersSector | |
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P/E Ratio | −41.1x | −0.3x | 11.6x | |
PEG Ratio | −0.48 | 0.00 | 0.01 | |
Price/Book | 0.6x | 0.9x | 2.4x | |
Price / LTM Sales | 2.2x | 1.7x | 2.1x | |
Upside (Analyst Target) | 344.1% | 209.2% | 27.3% | |
Fair Value Upside | Unlock | 12.8% | 5.5% | Unlock |