H.C. Wainwright reiterates a Buy rating on Hive Digital (HIVE) with a $7 price target saying the shares are “significantly undervalued.” The company enters 2026 with a “much larger and more efficient” bitcoin mining business, the analyst tells investors in a research note. The firm says Hive trades at 50% discount to its bitcoin mining peers that have yet to announce an high performance compete deals. H.C. Wainwright believes the company seems is getting little to no credit for its graphics processing unit cloud business.
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