Added to YB: 2026-09-25
Pitch date: 2026-09-22
HIVE [neutral]
HIVE Digital Technologies Ltd.
-5.48%
current return
Author Info
Outlier Capital is where I share my highest-conviction ideas, portfolio updates, and investment research. Sign up for the newsletter.
Company Info
HIVE Digital Technologies Ltd., a technology company, builds and operates data centers powered by green energy in Bermuda, Paraguay, Sweden, and Canada.
Market Cap
CAD 971.0M
Pitch Price
CAD 4.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.48
P/E
-2.67
EV/Sales
N/A
Sector
Software
Category
N/A
NeoCloud Thesis: The Best Players, How They Make Money, and Their Path to 5x - HIVE Digital Technologies Ltd.
HIVE (overview): HIVE remains primarily a Bitcoin miner with an HPC option, not a NeoCloud P&L, and has only a roughly 10% estimated probability of a 5x return within five years. BUZZ HPC, Canadian hydro-site GPU capacity, and a five-year, $350 million AI data-center deal in Merritt, British Columbia, with Bell Canada backing and plans for a few thousand Blackwell Ultras are a start; until HPC becomes the majority of revenue and mining a footnote, HIVE trades as a miner with an option.
Read full article (1 min)