Analyst RecommendationsAnalysts recommend buying HIVE Digital Technologies Ltd. stock, noting the company as one of the most undervalued miners with strong near-term growth prospects.
Financial PerformanceHIVE's strategic investment in NVIDIA GPU clusters is expected to double its AI Cloud revenue segment, contributing to a projected annual recurring revenue target of $20M.
Growth And ExpansionThe acquisition of Bitfarms' 200 MW hydro-powered Bitcoin mining facility offers HIVE a cost-effective path to significantly expand its mining capacity and increase its share of the network hash rate.