---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-003439"
form_type: "8-K"
ticker: "HIVE"
cik: "0001720424"
company_name: "HIVE Digital Technologies Ltd."
filed_at: "2026-07-01T00:02:02+00:00"
generated_at: "2026-07-01T10:05:35.686453+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HIVE Digital closes $130M 0% exchangeable notes due 2031; enters capped call transactions

## Summary
- Issued $130M aggregate principal of 0% exchangeable senior notes due 2031; includes full exercise of $15M greenshoe.
- Initial exchange price ~$4.83 per share (27.5% premium to $3.79 closing price on June 25, 2026).
- Entered capped call transactions with initial cap price $8.5275; total cost $15.7M funded from cash on hand.
- Net proceeds ~$124.5M to be used for GPU purchases, data center development, and general corporate purposes.
- Combined with April 2026 offering, HIVE raised $245M from 0% coupon notes this quarter.

## SEC filing metadata
- accession: 0001062993-26-003439
- form_type: 8-K
- ticker: HIVE
- cik: 0001720424
- company_name: HIVE Digital Technologies Ltd.
- filed_at: 2026-07-01T00:02:02+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720424/000106299326003439/0001062993-26-003439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720424/000106299326003439/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-003439
- JSON: https://secwatch.observer/filing/0001062993-26-003439.json
- Plain text: https://secwatch.observer/filing/0001062993-26-003439.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.