HIVE Digital (HIVE): The Best High Growth Penny Stock to Buy

HIVE Digital (HIVE): The Best High Growth Penny Stock to Buy Jeff Lewis Mon, June 29, 2026 at 11:38 PM GMT+7 2 min read HIVE.TO HIVE HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is one of the 8 High Growth Penny Stocks to Buy.

On June 25, 2026, HIVE Digital Technologies Ltd. (NASDAQ:HIVE) announced that HIVE Bermuda 2026, its wholly-owned subsidiary, intends to offer $100M aggregate principal amount of 0% exchangeable senior notes due 2031. The private offering is subject to market conditions and other factors and will be made to persons reasonably believed to be qualified institutional buyers under Rule 144A of the U.S. Securities Act of 1933. The issuer also expects to grant initial purchasers an option, exercisable within 13 days from and including the date the notes are first issued, to purchase up to an additional US$15 million aggregate principal amount of notes.

Also on June 25, HIVE Digital Technologies announced that it signed a non-binding letter of intent with an investment-grade, sovereign Swedish technology company for an up to 10-year lease of its 32 megawatt Boden, Sweden facility. The company expects to retrofit the facility to support up to 10,000 GB300 GPUs, with single rack densities up to 150 kW, using hybrid direct-to-chip liquid cooling and air cooling. The site's 32 MW gross utility load correlates to about 25 MW of critical IT load, which the LOI contemplates for HPC colocation.