Crypto stock bolsters Bitcoin position as halving grows near | 2024-04-05 | Investing News

Date:

  • Crypto stock HIVE Digital Technologies (TSXV:HIVE) grew its Bitcoin position by 7 per cent from 2,131 in February to 2,287 in March, totaling approximately US$160 million
  • The small-cap stock practices a long-term investment strategy designed to benefit from Bitcoin’s increasing adoption across the world
  • HIVE Digital Technologies is the first cryptocurrency mining company listed for trading on the TSXV with a sustainable green energy focus
  • HIVE Digital stock has added 2.12 per cent year-over-year and 33.23 per cent since 2019

Crypto stock HIVE Digital Technologies (TSXV:HIVE) grew its Bitcoin position by 7 per cent from 2,131 in February 2024 to 2,287 in March 2024, totaling approximately US$160 million.

The small-cap stock mined 224 Bitcoins for the month across its ASIC and GPU mining operations, while averaging more than 4.5 Exahash (EH/s) of mining capacity, an 11 per cent increase from

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