Hive Digital Technologies Rings Nasdaq Flow Bel, Eyes $ 100 million HPC growth star-news.press/wp

Hive Digital Technologies (HIVE) has many priorities in the encryption industry. She was the first bitcoin workers circulating in 2017 and one of the oldest decisive axis in HPC in 2022.

Now, HIVE has returned to the spotlight, where the closing bell on the Nasdaq Stock Exchange is ringing as it suffers from an annual operating rate of $ 100 million for her work in HPC by next year.

Cointelegraph received an exclusive invitation to the Nasdak event, where we sat with CEO Frank Holmes and CEO Idin Kilic. The two discussed the “stampede for electricity and land” in the mining industry, the advanced role of Bitcoin (BTC) as a reserve asset, and challenges still seen as the Bitcoin agent stock in 2025.

Crypto BIZ will start this week with the teacher-nasdaq teacher, then it turns into an end to Citadel Securities, the US Securities and Stock Exchange Committee (SEC), and the height that stopped elections from the teacher of US President Donald Trump. It concludes with the public subscription ton, as another encrypted company puts its eyes on the advertisement.

HPC closure

HPC from HPC has made great steps since its first appearance in the company’s income statement in 2023. It now includes an annual operating rate of $ 20 million, with forecasts growing five times by early next year.

While the Bitcoin mining operations in HIVE remain profitable, the company was actively diversified in response to the successive filmo of Bitcoin, which increased pressure on the margins of miners. Recently, HIVE has acquired a site near the main Toronto airport, plans to add 7.2 megawatts of HPC capacity.

Despite this progress, HIVE’s stock performance has not always reflected its operational success. According to Kilic and Holmes, this is largely due to the fact that the market is still seen as a Bitcoin agent – which leaves it an exhibition of investor morale.

The castle warns SEC against moving very quickly on the distinctive symbol

With the United States ready to simplify the distinctive symbol regulations, which are likely to provide “exemption from innovation”, Citadel Securities urged caution, warning against moving very quickly and unintentionally creating organizational gaps.

“The distinctive securities must achieve success by providing the real innovation and efficiency of the market participants, not through the organizational argument that serves self -serve”, Citadel Securities wrote in a statement of the Crypto work team of SEC, which was reviewed by SEC Bloomberg.

The market maker also warned that the distinctive symbol could weaken the broader stock market by draining liquidity and creating “new liquidity pools to be reached” for institutional investors.

These comments come amid the increasing institutional support for space, as the President of SEC Paul Atkins recently expressed strong support for symbols as head of financial innovation.

Trump’s Bitcoin teacher sees an increase in hedge funds after winning the elections

David Billy, businessman in Chefir, played a major role in converting Trump’s position into Bitcoin – his hedge box, 210 km Capital, now reappears.

Within 12 months until June, Capital 210K has made an amazing return of 640 %, largely driven by investments in Treasury companies in Bitcoin, according to Bloomberg.

Although Bloomberg did not specify the companies that the fund kept, the 210,000 parent company, UTXO Management, recounts the exposure to the strategy, metaplanet, Moon Inc. , The most intelligent web company and other plays associated with bitcoin.

Administrative partner, Tyler Evans, said that the company is now looking for 30 additional investments in Bitcoin agent companies, as it is looking to expand its coding portfolio.

BITGO files for us the public subscription with the growth of nursery works

Crypto Custodian Bitgo has been introduced secretly to SEC to follow a preliminary general offer – another sign that digital assets companies continue to push them towards public markets.

In a statement on Monday, BITGO confirmed that it had provided a draft registration statement in the S-1 for the proposed public subscription from the shared shares of the Class A. Details of the size of the offer and pricing have been revealed.

The move comes with the continued expansion of the BITGO nursery quickly. Since the beginning of the year, its reservation assets have increased to $ 100 billion from 60 billion dollars, according to Bloomberg.

Cointelegraph said in April that BITGO is also one of the few US -based coding companies that are actively seeking to obtain a bank charter.

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