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The Markets
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Tech

HIVE Digital ranked top technology company in 2024 TSX Venture 50

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has taken the top spot for the technology category of the 2024 TSX Venture 50 list, a ranking of the top performers on the stock exchange over the last year.

HIVE executive chairman Frank Holmes said the company was 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 the 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," Holmes said.

HIVE CEO Aydin Kilic noted that 2024 was off to an exciting start for the company as it has laid the bricks to scale what it believes with be a “massive AI picks and shovel business.”

“Beyond the stock's performance and earnings in 2023, what is truly exciting is the research and advancements we've made in working with tech leaders across the industry,” Kilic said in a statement.

"HIVE's recognition by the TSX Venture is just the beginning of the things we wish to accomplish in 2024 and is a testament to our dedicated team. I'm excited to see what's next for us.”

HIVE is a cryptocurrency mining company with a sustainable green energy focus.

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