RETRANSMISSON: 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 Annual General Meeting. The company reports doubling its Bitcoin holdings while advancing its AI strategy with NVIDIA chips. Leading proxy firms ISS and Glass Lewis have recommended shareholders vote 'FOR' all proposed resolutions at the December 11, 2024 meeting. Frank Holmes, Executive Chairman, emphasizes these endorsements validate HIVE's commitment to sustainable growth and shareholder value.
HIVE Digital Technologies annuncia progressi nella sua strategia di energia verde e il supporto da parte delle società di consulenza proxy per la prossima Assemblea Generale Annuale. L'azienda riporta di aver raddoppiato le sue partecipazioni in Bitcoin, mentre avanza nella sua strategia di intelligenza artificiale con i chip NVIDIA. Le principali società di proxy, ISS e Glass Lewis, hanno raccomandato agli azionisti di votare 'A FAVORE' di tutte le risoluzioni proposte nell'incontro del 11 dicembre 2024. Frank Holmes, Presidente Esecutivo, sottolinea che queste approvazioni confermano l'impegno di HIVE verso una crescita sostenibile e il valore per gli azionisti.
HIVE Digital Technologies anuncia avances en su estrategia de energía verde y el apoyo de las firmas de asesoría proxy para su próxima Junta General Anual. La compañía informa que ha duplicado sus tenencias de Bitcoin mientras avanza en su estrategia de inteligencia artificial con chips NVIDIA. Las principales firmas de proxy, ISS y Glass Lewis, han recomendado a los accionistas votar 'A FAVOR' de todas las resoluciones propuestas en la reunión del 11 de diciembre de 2024. Frank Holmes, Presidente Ejecutivo, enfatiza que estos respaldos validan el compromiso de HIVE con el crecimiento sostenible y el valor para los accionistas.
HIVE Digital Technologies는 친환경 에너지 전략의 진전을 발표하고, 다가오는 연례 총회에 대한 프록시 자문사들의 지원을 받았음을 알립니다. 이 회사는 비트코인 보유량을 두 배로 늘렸으며, NVIDIA 칩을 사용하여 AI 전략을 발전시키고 있습니다. 주요 프록시 기업인 ISS와 Glass Lewis는 주주들에게 2024년 12월 11일 회의에서 제안된 모든 결의안에 대해 '찬성' 투표할 것을 권장했습니다. Frank Holmes 최고 경영자는 이러한 지지가 HIVE의 지속 가능한 성장과 주주 가치를 향한 헌신을 확인시켜 준다고 강조합니다.
HIVE Digital Technologies annonce des progrès dans sa stratégie énergétique verte et le soutien des sociétés de conseil proxy pour sa prochaine Assemblée Générale Annuelle. L'entreprise rapporte avoir doublé ses avoirs en Bitcoin tout en faisant avancer sa stratégie d'intelligence artificielle avec des puces NVIDIA. Les principales sociétés de proxy, ISS et Glass Lewis, ont recommandé aux actionnaires de voter 'POUR' toutes les résolutions proposées lors de la réunion du 11 décembre 2024. Frank Holmes, Président Exécutif, souligne que ces soutiens valident l'engagement d'HIVE envers une croissance durable et la valeur pour les actionnaires.
HIVE Digital Technologies kündigt Fortschritte in seiner Strategie für grüne Energie und Unterstützung durch Proxy-Beratungsunternehmen für die bevorstehende Hauptversammlung an. Das Unternehmen berichtet, seine Bitcoin-Bestände verdoppelt zu haben, während es seine KI-Strategie mit NVIDIA-Chips vorantreibt. Führende Proxy-Firmen, ISS und Glass Lewis, haben den Aktionären empfohlen, auf alle vorgeschlagenen Beschlüsse bei der Sitzung am 11. Dezember 2024 mit 'JA' zu stimmen. Frank Holmes, Vorstandsvorsitzender, betont, dass diese Empfehlungen das Engagement von HIVE für nachhaltiges Wachstum und den Wert für die Aktionäre bekräftigen.
- Doubled Bitcoin holdings on balance sheet
- Received positive endorsements from major proxy advisory firms ISS and Glass Lewis
- Successfully advancing AI strategy with NVIDIA chips implementation
- None.
Insights
The announcement primarily focuses on routine corporate governance matters and upcoming shareholder meeting details, with no significant financial metrics or material business developments. While the company mentions doubling Bitcoin holdings and advancing AI strategy, no specific figures or material updates are provided. The endorsements from proxy advisory firms ISS and Glass Lewis for routine meeting resolutions are standard procedures that typically don't impact stock performance.
The green energy strategy reference lacks concrete details about implementation or financial impact. Without quantifiable metrics about operational improvements, cost savings, or revenue growth, 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/231246
FAQ
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