HIVE Digital to Issue $75 Million in Exchangeable Notes and Approved for Listing on the TSX Main Board
Source:
www.hivedigitaltechnologies.com
According to an official announcement, HIVE Digital Technologies (NASDAQ: HIVE) has announced its intention to issue $75 million in zero-coupon senior exchangeable notes due 2031 to qualified institutional investors via a private placement. The initial purchasers have been granted an over-allotment option to purchase an additional $15 million in notes. Proceeds from the offering will be used for GPU procurement, data center construction, and general corporate purposes. Concurrently, HIVE has received conditional approval for listing on the Toronto Stock Exchange (TSX) and is expected to graduate from the TSX Venture Exchange to the TSX main board on April 30, 2026.