HIVE Digital Technologies Completes $115 Million Private Offering of Exchangeable Senior Notes
HIVE Digital Technologies has completed a $115 million private offering of 0% exchangeable senior notes due in 2031, with net proceeds of approximately $109.5 million. The funds will be used for general corporate purposes, capital investments, and data center development. The offering attracted strong demand and included an upsized deal with a 125% conversion premium.
Tickers: $HIVE
Topics: AI infrastructure capital investments corporate funding debt financing private offering