HIVE Digital Stock Rises on Bitcoin Surge, AI Pivot and Mining Milestones

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Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business.

HIVE jumped nearly 6.5% to $2.47 per share, lifting its market capitalization to about $530 million. The stock has climbed more than 21% over the past month, in line with a broader rebound among Bitcoin (BTC) mining stocks.

HIVE stock has rallied sharply over the past month, but is still down over 20% this year. Source: Google Finance

The latest rally was…



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HIVE Digital Stock Rises on Bitcoin Surge, AI Pivot and Mining Milestones


Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business.

HIVE jumped nearly 6.5% to $2.47 per share, lifting its market capitalization to about $530 million. The stock has climbed more than 21% over the past month, in line with a broader rebound among Bitcoin (BTC) mining stocks.

HIVE stock has rallied sharply over the past month, but is still down over 20% this year. Source: Google Finance

The latest rally was…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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