HIVE Digital Technologies Ltd. announced an equity offering of up to US$200 million in common shares, as detailed in a prospectus supplement dated October 3, 2024. The distribution is set to occur through an "at-the-market" (ATM) offering, allowing sales on the TSX Venture Exchange (TSXV) and the Nasdaq. The shares will be sold at prevailing market prices during the offering period. HIVE has engaged Stifel, Nicolaus & Company, Inc., Canaccord Genuity LLC, B. Riley Securities, Inc., Northland Securities, Inc., Stifel Nicolaus Canada Inc., Canaccord Genuity Corp., and Roth Canada, Inc. as agents for this offering. The agents will earn a commission of up to 3.0% on the gross sales price per share sold. The net proceeds will be used for general corporate purposes, working capital, debt repayment, and potential acquisitions. The offering is structured with no minimum required proceeds, meaning it may close before reaching the full amount. Legal counsel includes Peterson McVicar LLP and Kavinoky Cook LLP for HIVE and Skadden, Arps, Slate, Meagher & Flom LLP, and Wildeboer Dellelce LLP for the agents.