r/HIVEDigitalTechnology

Wtf is this bullshit.. stock rallies 14% and the next couple of days plunges. It’s not like the deal fell down. Wall street is fucking bullshit.

Why is some people scared of Dillution? Let them do it to raise money, they have big things going on and if they dillute then fine we buy more for cheaper price.

I don’t really see the issue here, sure if you have gone in with 10k at 3$ then you might not have another 10k to buy in at 2$ but for most of us it should be good thing to be able to scoop up more shares at cheaper price.

Because we all know where this is going and they have a great future, better chance to get money on HIVE than on Nvidia.

hive missed the sec filing deadline of aug 10 for their quarterly reporting. they are getting sued for roughly 80.5 mil over a dispute about what hardware is considered taxable and what isn't for their cryptocurrency operations (super high-level, i'm at work and just wanted to post about it before earnings).

this is the reason why they are constantly missing the deadline. the dispute has been ongoing for 3-5 years.

this is all public information

they are reporting a non-cash item for this quarter as they finally plan to just pay the fine or agreed upon price. price will dip. at least according to my sources.

while this has been going on, they still managed to buy real estate in Boden (same as the mining operations, now they just own the building), and sign a "industry grade sovereign swedish technology company" LOI to replace crypto.

hive has relationships. they sponsor some swedish hockey organization and crazy green initiatives (this is actually a huge bullish aspect that is undervalued) - 100% of energy is powered by hydro + wind. hive uses the cold nordic air to cool down liquid pumps. the interesting thing, is what they do with the excess heat caused by all this. the heat powers a 90-000 square foot greenhouse so that locals can grow local produce in sub-zero nordic temperatures.

the lawsuit may hurt us in the short-term but if you understand the bigger picture at hand, then we are still in a great position.

tldr; the reason hive missed their sec filings this quarter and in the past, is because they are getting sued by swedish tax agency. this does not change the bullish operations in sweden as they have were approved to purchase swedish real estate, in talks with a swedish sovereign tech company, and heavily involved in the local community.

not financial advice do ur own dd and no crying in the casino

It may take another 6 months or even longer to get beyond 5$ and hold that price, but it is just a matter of time….

Hive is perpetually trading near book value.

I like that because it limits downside risk.

To make money, it doesn’t matter.

As long as assets continue to grow, book value grows.

As long as progress is made, book value will grow.

Maybe some hype value will get priced in, but it isn’t necessary to make bank.

By the end of 2027 (fiscal year for hive), they should be valued at 3.5 bi as long as the buildout continues.

If some hype is priced in, double whatever low estimate for share price…

I see 8$ as a low estimate, so 18 as a high.

It’s annoying to see the price dump, but it’s just a matter of time.

It’s more of a reminder.

If I wanted 15-25% returns, I wouldn’t be in HIVE.

Gotta have conviction….