- HIVE Digital Technologies has reported it has ranked first in the technology category in the TSX Venture 50 list
- The TSX VEnture 50 list comprises 50 companies from five different industries that have ranked as the top performers over the last year
- The companies are selected based on three equally weighted criteria
- Shares of HIVE Digital Technologies are up 1.55 per cent to C$5.24 as of 1:57 pm ET
HIVE Digital Technologies (TSXV:HIVE) has revealed it has ranked first in the technology category in the TSX Venture 50 List.
Released every year, the TSX Venture 50 list ranks the top performers on the exchange over the year, ranking 50 companies across five different industry sectors.
The TSX Venture 50 list represents the highest performing traded companies across industries such as clean energy and life sciences, mining, energy, technology and diversified industries.
In a news release, the company stated it was the first cryptocurrency mining company to go public on the exchange back in 2017 and has data mining centres in Canada, Sweden and Iceland.
“We are honored to be recognized among key industry leaders on the TSX Venture 50 list. This is the second time HIVE has been a top performance on the TSX.V. In the year 2020, prior to listing on Nasdaq and during the year of the last halving event, the Company was the most liquid stock on the TSX.V, trading over 1.7 billion shares,” Frank Holmes, executive chairman of HIVE Digital Technologies, said in a statement.
HIVE is committed to utilizing low-cost, renewable energy for mining digital assets like Bitcoin on the cloud.
Last year, HIVE DIgital Technologies rebranded from HIVE Blockchain to reflect its focus on green-energy data centres and GPU compute technology, which is vital in artificial intelligence, machine learning and advanced data analysis.
HIVE Digital Technologies went public in 2017 as the first cryptocurrency mining company listed for trading on the TSX Venture Exchange with a sustainable green energy focus.
HIVE is a growth-oriented technology stock in the emergent blockchain and high-performance computing industry.
Shares of HIVE Digital Technologies are up 1.55 per cent to C$5.24 as of 1:57 pm ET.
Join the discussion: Find out what everybody’s saying about this stock on the HIVE DIgital Technologies Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
