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HIVE Digital Stock Rises on Bitcoin Surge, AI Pivot and Mining Milestones

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Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business.

HIVE jumped nearly 6.5% to $2.47 per share, lifting its market capitalization to about $530 million. The stock has climbed more than 21% over the past month, in line with a broader rebound among Bitcoin (BTC) mining stocks.

HIVE stock has rallied sharply over the past month, but is still down over 20% this year. Source: Google Finance

The latest rally was…

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