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HIVE Blockchain Technologies detailed its plans for expanding into artificial intelligence during its recent earnings call. The company is pivoting to leverage its infrastructure for AI-related initiatives.
HIVE Blockchain Technologies' stock surged by 20% following the release of positive research results, indicating investor confidence.
HIVE Blockchain Technologies has detailed its dual engine strategy aimed at driving growth in the artificial intelligence sector.
HIVE Blockchain Technologies announced record revenue of $93.1 million, attributing its success to a 'dual-engine' strategy that has boosted its hashrate to 25 EH/s.
HIVE Blockchain Technologies announced the successful closing of its private offering of $130 million aggregate principal amount of 0% Exchangeable Senior Notes due 2031.
HIVE Blockchain Technologies is strategically shifting its focus towards artificial intelligence, utilizing its existing power infrastructure to support its new AI-centric operations.
The chairman of HIVE Blockchain Technologies stated that the October cryptocurrency crash was significantly larger than the FTX collapse, highlighting the severity of the market downturn.
HIVE Blockchain Technologies plans to offer $100 million in notes as it moves forward with plans to lease its Swedish facility to a technology firm, causing its shares to decline.
HIVE Blockchain Technologies announced plans for a $2.5 billion AI gigafactory in the Greater Toronto Area, leading to a significant surge in its share price.
HIVE Blockchain Technologies announced record third-quarter revenue of $93.1 million, indicating strong financial performance.