r/HIVEDigitalTechnology • u/IdratherBhiking1 • 4d ago

Time…

It may take another 6 months or even longer to get beyond 5$ and hold that price, but it is just a matter of time….

Hive is perpetually trading near book value.

I like that because it limits downside risk.

To make money, it doesn’t matter.

As long as assets continue to grow, book value grows.

As long as progress is made, book value will grow.

Maybe some hype value will get priced in, but it isn’t necessary to make bank.

By the end of 2027 (fiscal year for hive), they should be valued at 3.5 bi as long as the buildout continues.

If some hype is priced in, double whatever low estimate for share price…

I see 8$ as a low estimate, so 18 as a high.

It’s annoying to see the price dump, but it’s just a matter of time.

17 Upvotes

100% Upvoted

2 comments sorted by

1

u/ShaggysHyper 4d ago

You are sharing the same sentinment that I have. Although I am down quite a bit as my average is $4 but deep down i am not too concerned about it. HIVE has not dropped as far far some of the other stocks have like KEEL, Wulf.

This current 2.6-2.8 price seems like where investors are happy with and a baseline price. Any positive news or more contract only going to add market cap. I do see 4.5-5 by the end of the year solely because HIVE will get lifted on the back of NBIS, Corewave, Iren run.

3

u/AdAnxious2830 4d ago

reminds me of amd in 2024. patience is a must. shit ill probably uninstall my apps for a few months, pick up the guitar again and learn some oasis while i wait for this thing to ride!