Why Hive Digital Technologies Stock Slumped Today

Hive Digital Technologies (NASDAQ: HIVE), one of several cryptocurrency miners pushing deeper into data center operations, had a forgettable Thursday on the stock exchange. After the company announced a new round of financing, investors sold out of its shares, leaving them with a nearly 12% loss that trading session.After market close on Wednesday, Hive announced that one of its wholly owned subsidiaries plans to issue $75 million in exchangeable senior notes in a private offering. The company added that the target investors are institutional buyers. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool