Cryptocurrency mining company HIVE Digital Technologies Ltd. (HIVE) announced the completion of its previously announced bought deal private placement financing, issuing a total of 5.75 million Special Warrants priced at 5 Canadian dollars per warrant, raising a total of 28.75 million Canadian dollars (approximately 21.78 million U.S. dollars). The funds will be used to support the growth of its bitcoin mining business and expand its green mining footprint.

Cryptocurrency mining company HIVE Digital announced the purchase of 7,000 Antminer S21 mining machines from Bitmain, with an estimated delivery time of January to June 2024.