HIVE Digital Technologies Announces Continued Momentum with Green Energy Strategy and Independent Proxy Advisory Support for Upcoming Annual General and Special Meeting of Shareholders
HIVE Digital Technologies announces progress in its green energy strategy and support from proxy advisory firms for its upcoming shareholder meeting. The company reports doubling its Bitcoin holdings while advancing its AI strategy with NVIDIA chips. Leading proxy advisory firms ISS and Glass Lewis have recommended shareholders vote 'FOR' all proposed resolutions at the Annual General and Special Meeting scheduled for December 11, 2024. The meeting will take place in Vancouver, with a proxy voting deadline of December 9, 2024. Shareholders can vote online or by telephone, particularly important due to the current Canadian postal strike.
HIVE Digital Technologies annuncia progressi nella sua strategia energetica verde e il supporto da parte delle società di consulenza per i prossimi meeting degli azionisti. L'azienda riporta di aver raddoppiato le proprie partecipazioni in Bitcoin mentre avanza nella sua strategia AI con chip NVIDIA. Le principali società di consulenza ISS e Glass Lewis hanno raccomandato agli azionisti di votare 'FAVORIBILE' per tutte le risoluzioni proposte all'Assemblea Generale e Straordinaria prevista per il 11 dicembre 2024. L'incontro si svolgerà a Vancouver, con una scadenza per il voto per delega fissata al 9 dicembre 2024. Gli azionisti possono votare online o per telefono, particolarmente importante a causa dello sciopero postale in corso in Canada.
HIVE Digital Technologies anuncia avances en su estrategia de energía verde y el apoyo de firmas de asesoría de voto para su próxima reunión de accionistas. La empresa informa que ha duplicado sus tenencias de Bitcoin mientras avanza en su estrategia de IA con chips NVIDIA. Las principales firmas de asesoría ISS y Glass Lewis han recomendado a los accionistas votar 'A FAVOR' de todas las resoluciones propuestas en la Junta General y Especial programada para el 11 de diciembre de 2024. La reunión se llevará a cabo en Vancouver, con una fecha límite para la votación por poder el 9 de diciembre de 2024. Los accionistas pueden votar en línea o por teléfono, lo cual es particularmente importante debido a la actual huelga postal en Canadá.
HIVE 디지털 기술은 녹색 에너지 전략의 진전을 발표하고 다가오는 주주 회의에 대한 위임 자문 회사들의 지원을 받았습니다. 이 회사는 비트코인 보유량을 두 배로 늘리면서 NVIDIA 칩으로 AI 전략을 발전시키고 있다고 보고했습니다. 주요 위임 자문 회사인 ISS와 Glass Lewis는 주주들이 2024년 12월 11일로 예정된 연례 총회 및 특별 회의에서 제안된 모든 결의안에 대해 '찬성' 투표할 것을 권장했습니다. 회의는 밴쿠버에서 열리며, 위임 투표 마감일은 2024년 12월 9일입니다. 주주들은 온라인 또는 전화로 투표할 수 있으며, 이는 현재 캐나다에서 진행 중인 우편 파업으로 인해 특히 중요합니다.
HIVE Digital Technologies annonce des avancées dans sa stratégie d'énergie verte et le soutien d'entreprises de conseil en vote pour sa prochaine réunion des actionnaires. L'entreprise indique qu'elle a doublé ses avoirs en Bitcoin tout en faisant progresser sa stratégie d'IA avec des puces NVIDIA. Les principales entreprises de conseil en vote, ISS et Glass Lewis, ont recommandé aux actionnaires de voter 'POUR' toutes les résolutions proposées lors de l'Assemblée Générale et Extraordinaire prévue pour le 11 décembre 2024. La réunion se tiendra à Vancouver, avec une date limite de vote par procuration fixée au 9 décembre 2024. Les actionnaires peuvent voter en ligne ou par téléphone, ce qui est particulièrement important en raison de la grève postale actuelle au Canada.
HIVE Digital Technologies informiert über Fortschritte in seiner grünen Energienstrategie und die Unterstützung durch Proxy-Beratungsfirmen für die bevorstehende Hauptversammlung. Das Unternehmen berichtet von einer Verdopplung seiner Bitcoin-Bestände und der Fortentwicklung seiner KI-Strategie mit NVIDIA-Chips. Führende Proxy-Beratungsgesellschaften ISS und Glass Lewis haben empfohlen, dass die Aktionäre bei der anstehenden Hauptversammlung und außerordentlichen Sitzung am 11. Dezember 2024 'JA' zu allen vorgeschlagenen Beschlüssen stimmen. Die Sitzung findet in Vancouver statt, mit einer Frist für die Stimmabgabe per Vollmacht bis zum 9. Dezember 2024. Aktionäre können online oder telefonisch abstimmen, was aufgrund des aktuellen kanadischen Poststreiks von besonderer Bedeutung ist.
- Doubled Bitcoin holdings on balance sheet
- Advancement in AI strategy with NVIDIA chips implementation
- Received positive endorsements from major proxy advisory firms ISS and Glass Lewis
- None.
Insights
The announcement lacks substantial market-moving information or concrete financial data. While HIVE mentions doubling Bitcoin holdings on their balance sheet, no specific figures are provided. The core content focuses on proxy voting procedures and recommendations from advisory firms for an upcoming shareholder meeting - routine corporate governance matters that typically don't significantly impact stock value.
The green energy strategy and AI developments mentioned are continuations of existing initiatives rather than new developments. Without specific metrics on operational improvements, cost savings, or revenue impacts, this news provides actionable insight for investors.
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0.F) (the "Company" or "HIVE") a global leader in sustainable blockchain infrastructure, proudly announces that its innovative strategy of leveraging green energy and prioritizing high cash flow returns has garnered positive recognition and support. This approach, combined with the dedication of our exceptional team spanning nine time zones and five languages, has positioned HIVE as a leader in efficient Bitcoin mining. We have doubled the Bitcoin held on our balance sheet while simultaneously advancing our AI strategy with cutting-edge NVIDIA chips.
Support from Proxy Advisory Firms
Additionally, the Company is pleased to report that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have each recommended HIVE shareholders ("Shareholders") vote "FOR" all the proposed resolutions at the upcoming Annual General and Special Meeting of Shareholders (the "Meeting") to be held on December 11, 2024. Meeting materials can be found at the Company's website at hivedigitaltechnologies.com/2024-annual-special-meeting/ as well as under HIVE's profile on SEDAR+ (www.sedarplus.ca).
Frank Holmes, Executive Chairman of HIVE, commented, "We are honored to receive endorsements from both ISS and Glass Lewis. Their recommendations highlight the alignment of HIVE's strategy with the long-term interests of our shareholders. These acknowledgments further validate our commitment to sustainable growth and shareholder value."
Meeting Details and Voting Information
The Board of Directors of HIVE recommends that Shareholders
vote "FOR" all proposed items
HIVE encourages all shareholders to participate in the Annual General and Special Meeting:
- Date: December 11, 2024
- Time: 11:00 am (Pacific Time)
- Location: 2nd Floor - 1095 West Pender Street, Vancouver, BC, V6E 2M6
The proxy voting deadline is 11:00 am (Pacific Time) on Monday, December 9, 2024. Shareholders are encouraged to vote early and take advantage of online or telephone voting options due to the current Canadian postal strike.
How to Vote
- Instructions for voting can be found on the form of proxy or voting instruction form.
- Eligible beneficial shareholders may also be contacted by Laurel Hill Advisory Group for telephone voting assistance via Broadridge Financial Solutions Inc. or Mediant Communication Inc.
Shareholder Assistance
For questions or assistance with voting, shareholders are encouraged to contact HIVE's proxy solicitation agent and shareholder communications advisor:
Laurel Hill Advisory Group
Toll Free in North America: 1-877-452-7184
International: +1 416-304-0211
By Email: assistance@laurelhill.com
About HIVE Digital Technologies Ltd.
HIVE Digital Technologies is a pioneer in green blockchain infrastructure, dedicated to mining Bitcoin using
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231245
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