HIVE Digital Technologies Ltd. (Nasdaq: HIVE) filed a Form 8-K with the U.S. Securities and Exchange Commission on June 22, 2026, disclosing under Item 1.01 that on June 16 it had amended and restated an existing equity-distribution agreement first dated November 25, 2025. The restated agreement establishes an at-the-market (ATM) program through which the British Columbia-incorporated bitcoin miner may offer and sell common stock from time to time, at its option, through a syndicate of investment-bank agents. According to the filing, the registrant "may, from time to time at its option to or through any of the Agents, acting as agent and/or principal, offer and sell up to US$300,000,000 of shares of the Company's no par value common stock."

The agent group is large. The 8-K names Keefe, Bruyette & Woods, Inc., Cantor Fitzgerald & Co., Canaccord Genuity LLC, Roth Capital Partners LLC, B. Riley Securities, Inc., Northland Securities, Inc., and Rosenblatt Securities Inc. as the U.S. agents, with Stifel Nicolaus Canada Inc., Cantor Fitzgerald Canada Corporation, Canaccord Genuity Corp., and Roth Canada, Inc. acting as Canadian agents. The filing states that sales may be made "by any method that is deemed to be an 'at the market' offering as defined in Rule 415(a)(4) under the Securities Act of 1933," and that the company may also sell into Canada through the Canadian agents, subject to qualifying the shares in at-the-market offerings under Canadian securities laws.

"Under the Prospectus Supplement, shares of the Company's no par value common stock having an aggregate offering price of up to $214,696,023 may be sold, which reflects the unused portion of the previously authorized aggregate offering amount under the Equity Distribution Agreement as of the date of the Prospectus Supplement."— HIVE Digital Technologies Ltd., Form 8-K, source

The $214.7 million figure is the operative number for what remains to be sold under the program. The 8-K explains that on June 17 the company filed a prospectus supplement with the SEC as part of post-effective amendment no. 1 on Form S-3ASR to its automatic shelf registration statement on Form F-3ASR (File No. 333-291676), originally filed November 20, 2025. That supplement, the filing states, supersedes and replaces in its entirety the prospectus supplement filed on November 25, 2025. In structural terms, the company is not creating new selling capacity from zero; it is restating the agreement and refreshing the prospectus mechanics around an authorization a portion of which it had already used, leaving roughly $214.7 million of the $300 million ceiling available as of the supplement date.

How the ATM program is structured

An at-the-market program lets an issuer drip common stock into the open market at prevailing prices, rather than pricing a single block in a marketed follow-on. The 8-K specifies the economics: "The compensation payable to the Agents for sales of Shares pursuant to the Equity Distribution Agreement will be up to 3.0% of the gross proceeds for any Shares sold to or through them." The filing adds that each agent "will make all sales using commercially reasonable efforts consistent with its normal trading and sales practices," and that either the company or the agents may terminate the agreement under its terms. The description in the 8-K is qualified by reference to the full agreement, filed as Exhibit 1.1 and incorporated by reference to the company's post-effective amendment on Form S-3 (File No. 333-291676) filed June 16, 2026.

For a bitcoin-mining issuer, the disclosure documents a financing channel that is common across the sector: capital-intensive miners that buy machines, build out power and data-center capacity, and in some cases hold mined coin on the balance sheet have frequently turned to ATM facilities to fund expansion. The 8-K itself does not state how proceeds will be used, when or whether the company will sell shares, or at what prices; it documents the authorization and the available amount, and notes the standard disclaimer that the report "shall not constitute an offer to sell or the solicitation of an offer to buy any securities." Any actual issuance, and its dilutive effect on existing holders, would depend on if and when the company elects to sell into the program.

The same 8-K carries operational disclosures

Beyond the equity agreement, the filing furnishes three press releases under Item 7.01 (Regulation FD) and discloses two transactions under Item 8.01 (Other Events). The company disclosed that on June 18 its wholly owned subsidiary, BUZZ High Performance Computing Inc., entered into an agreement with Bell Canada and Cohere Inc. for what the filing describes as "the construction and implementation of Canadian sovereign AI infrastructure." Under that arrangement, BUZZ is to deploy a sovereign AI cloud and GPU cluster at Bell's facility in Merritt, British Columbia, intended to provide a compute layer on which Cohere would operate its foundation models and enterprise AI solutions for government and corporate customers across Canada. The information furnished under Item 7.01, the filing notes, "shall not be deemed 'filed' for purposes of Section 18" of the Exchange Act.

Also on June 18, the company disclosed that the Boden Municipal Council in Boden, Sweden, approved HIVE's acquisition of its leased "Big Boden 32 MW data center" from Bodens Utvecklings AB. The 8-K states that the Big Boden facility "has anchored HIVE's Swedish operations since 2018" and that the company "intends to advance the Big Boden data center toward Tier III infrastructure standards." A third press release, dated June 22, concerns results of a research project on the performance of HIVE's A40 GPUs conducted with Columbia University's Department of Industrial Engineering and Operations Research, and an update on facilities in Yguazú, Paraguay. The 8-K flags these statements as forward-looking and subject to risks and uncertainties described under "Risk Factors" in the company's Annual Report on Form 10-K for the year ended March 31, 2026.

The report was signed by Chief Financial Officer Darcy Daubaras and dated June 22, 2026. Taken together, the document positions the restated $300 million ATM authorization alongside the company's continued buildout across mining, AI compute, and data-center real estate in Canada, Sweden, and Paraguay. What the filing establishes is the financing capacity and its remaining size; what it does not state is the company's intention to draw on it. Readers tracking the company's capital structure can follow subsequent prospectus-supplement filings and periodic reports on EDGAR for any disclosure of shares actually sold under the program.