HIVE Digital Technologies Agrees to Distribute Up to $300 Million Worth of Shares

MT Newswires Live

11/26

HIVE Digital Technologies (HIVE) said in a regulatory filing Tuesday that it has entered into an equity distribution agreement, under which it may distribute up to $300 million in shares.

Proceeds from the sale are expected to be used for general corporate and working capital requirements, including the funding of ongoing operations and/or working capital requirements, to repay debt and to complete future acquisitions.

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