HIVE Digital has successfully completed a $115 million private placement of zero-coupon senior convertible notes through its subsidiary, HIVE Bermuda 2026 Ltd. The notes, which include a $15 million overallotment option, are set to mature on April 15, 2031, with an initial conversion price of approximately $2.57 per share, marking a 17.5% premium over the latest trading price. Additionally, HIVE Digital executed a cash-settled capped call transaction with a cap price of $4.92 per share, representing a 125% premium. In a strategic move, HIVE Digital plans to transfer its listing from the TSX Venture Exchange to the Toronto Stock Exchange by April 30, 2026, contingent upon meeting the necessary listing requirements. This transition aims to enhance the company's market presence and investor accessibility.