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The latest update is out from HIVE Digital Technologies ( (TSE:HIVE) ).
HIVE Digital Technologies announced on May 7, 2026 that it has received final approval to list its common shares on the Toronto Stock Exchange, with trading set to begin on May 12, 2026 under the symbol HIVE. The company’s shares will be delisted from the TSX Venture Exchange at that time, while continuing to trade on Nasdaq, a move that is expected to enhance its capital markets profile and align it with larger issuers.
In a concurrent corporate update, HIVE reported that during the three months ended March 31, 2026 it issued 14,983,561 common shares under its at-the-market equity program launched in November 2025, raising gross proceeds of C$56.5 million (US$41.1 million). The shares were sold at prevailing market prices, with an average of C$3.77 per share and C$1.2 million paid in commissions, underscoring the company’s active use of equity markets to fund its digital infrastructure expansion.
The most recent analyst rating on (TSE:HIVE) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on HIVE Digital Technologies stock, see the TSE:HIVE Stock Forecast page.
Spark’s Take on HIVE Stock
According to Spark, TipRanks’ AI Analyst, HIVE is a Neutral.
Overall score reflects a solid balance sheet and growth trajectory (including upbeat HPC/GPU guidance), offset by weak/volatile profitability with deeply negative free cash flow and a clearly bearish technical setup (price below all key moving averages with negative momentum indicators).
To see Spark’s full report on HIVE stock, click here.
More about HIVE Digital Technologies
Founded in 2017, HIVE Digital Technologies Ltd. is a digital asset mining and data infrastructure company that prioritizes using green energy. The firm builds and operates next-generation Tier-I and Tier-III data centers in Canada, Sweden, and Paraguay, serving both Bitcoin mining and high-performance computing clients, including GPU-accelerated AI workloads.
Average Trading Volume: 1,899,863
Technical Sentiment Signal: Hold
Current Market Cap: C$1.02B
Learn more about HIVE stock on TipRanks’ Stock Analysis page.