Founded by Olivier Roussy Newton, HIVE played a critical role in the institutionalization and validation of the digital asset sector to bridge the gap between traditional finance and cryptocurrency.
Latent Capital orchestrated the formation of an elite management team and was instrumental in securing hundreds of millions of dollars in strategic funding to propel HIVE's expansion. This effort culminated in the company attaining a multi-billion dollar valuation across global stock exchanges including the NASDAQ, TSX, and FSE.
Since its inception, HIVE has amassed over $500 million in revenue and currently manages nearly 40,000 commercial-grade NVIDIA GPUs, all of which are powered by sustainable energy sources.
JUN 2017
Closes $16.5M equity financing
SEP 2017
Acquires First Two Data Centres in Iceland
SEP 2017
Makes public markets debut on the TSX Venture Exchange under ticker “HIVE”
NOV 2017
Announces $34.5M private placement
Announces closing of a $115M financing round
JAN 2018
Commences Ethereum mining operation in Sweden
MAY 2018
Announces completion of Swedish data center build out, resulting in total capacity of 44.2 MW
Closes on acquisition of Kolos Norway AS data center
Doubles global mining capacity with acquisition of 30 M/W Bitcoin Operation
FEB 2021
HIVE Blockchain recognized as the most liquid TSX.V Stock, trading over 1.7 Billion Shares in 2020
Completes Acquisition of Green Energy 50 MW Data Centre in New Brunswick, Canada
APR 2021
Completes Acquisition of Green Energy 50 MW Data Centre in New Brunswick, Canada
JUN 2021
Announces NASDAQ listing
JUL 2021
Reaches $200M annual run rate
AUG 2021
HIVE Blockchain achieves 1 exahash in Bitcoin mining
NOV 2021
Announces closing of $115M Bought Deal Private Placement Financing to expand BTC production
JUL 2022
Records annual revenue of $211M and net income of $79.6M
JUL 2023
Rebrands to HIVE Digital Technologies and announces strategic expansion to power the future of artificial intelligence with Nvidia GPU cards