secwatch / observer
8-K filed April 22, 2026, 7:59 PM ET ticker HIVE CIK 0001720424
debt confidence high sentiment positive materiality 0.65

HIVE Digital Technologies Ltd. (HIVE): debt financing — HIVE closes $115M 0% exchangeable notes due 2031; upsized from $75M

HIVE Digital Technologies Ltd.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HIVE Digital Technologies Ltd. incurred convertible notes of $115 million aggregate principal amount with Initial Purchasers at 0% maturing April 15, 2031.

Instrument
convertible notes
Principal
$115 million aggregate principal amount
Counterparty
Initial Purchasers
Rate
0%
Maturity
April 15, 2031
Event
incurrence
Exact text from the filing
On April 21, 2026, HIVE Bermuda 2026 Ltd., a Bermuda exempted company limited by shares (the “ Issuer ”) that is a wholly-owned subsidiary of HIVE Digital Technologies Ltd. (the “ Company ”), issued $115 million aggregate principal amount of 0% exchangeable senior notes due 2031 (the “ Notes ”), which amount includes the exercise in full of the initial purchasers’ (collectively, the “ Initial Purchasers ”) option to purchase up to an additional $15 million aggregate principal amount of Notes.
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

HIVE Digital Technologies Ltd. issued 44,792,833 Common Shares of convertible note to initial purchasers for $115 million aggregate principal amount.

Security
convertible note
Shares
44,792,833 Common Shares
Purchaser
initial purchasers
Consideration
$115 million aggregate principal amount
Exact text from the filing
Bermuda 2026 Ltd., a Bermuda exempted company limited by shares (the “ Issuer ”) that is a wholly-owned subsidiary of HIVE Digital Technologies Ltd. (the “ Company ”), issued $115 million aggregate principal amount of 0% exchangeable senior notes due 2031 (the “ Notes ”), which amount includes the exercise in full of the initial purchasers’ (collectively, the “
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HIVE Digital Technologies Ltd. entered into Indenture with U.S. Bank Trust Company, National Association valued at $115 million aggregate principal amount (effective 2026-04-21).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$115 million aggregate principal amount
Effective
2026-04-21
Exact text from the filing
On April 21, 2026, HIVE Bermuda 2026 Ltd., a Bermuda exempted company limited by shares (the “ Issuer ”) that is a wholly-owned subsidiary of HIVE Digital Technologies Ltd. (the “ Company ”), issued $115 million aggregate principal amount of 0% exchangeable senior notes due 2031 (the “ Notes ”), which amount includes the exercise in full of the initial purchasers’ (collectively, the “ Initial Purchasers ”) option to purchase up to an additional $15 million aggregate principal amount of Notes.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.7

HIVE Digital Technologies Ltd. entered into Capped Call Transactions with certain financial institutions valued at approximately $19.8 million (effective 2026-04-16).

Action
entry
Counterparty
certain financial institutions
Value
approximately $19.8 million
Effective
2026-04-16
Exact text from the filing
On April 16, 2026, in connection with the pricing of the Notes, the Company entered into privately negotiated capped call transactions (the “ Base Capped Call Transactions ”) with certain financial institutions (collectively, the “ Option Counterparties ”).
View on SEC.gov

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HIVE Digital Technologies Ltd. filing history →

Source: SEC EDGAR
accession 0001062993-26-002077
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