NASHVILLE, February 6, 2024 \u2013 HIVE Digital Technologies Ltd<\/a> (NASDAQ: HIVE) and Bitcoin Magazine<\/em> announce \u201cFUD Fighters\u201d, a new initiative centered around education on the many false narratives articulated by critics of Bitcoin. The \u201cFUD Fighters\u201d series will consist of four in-depth research articles written by industry experts to counter erroneous, biased and misinformed narratives that seek to mislead the public about Bitcoin. Through this initiative, HIVE and Bitcoin Magazine<\/em> aim to highlight, through a data-oriented approach, the tangible benefits of this technology, and consequently, to rebuke the unequivocally false reporting from traditional media outlets, pundits and biased researchers. \u201cFUD Fighters\u201d will provide the Bitcoin community with refutations of commonly circulated \u201cFUD\u201d (fear, uncertainty, doubt) so that the community may bolster its ability to counter falsehoods that are hindering Bitcoin\u2019s integration into financial markets, power infrastructure and social norms.<\/p>\n As the first Bitcoin media organization (est. 2012), Bitcoin Magazine<\/em> has educated the public on Bitcoin and bitcoin mining for more than a decade, working to provide high-quality journalism on the inner workings of the Bitcoin ecosystem. Since Bitcoin\u2019s entrance into mainstream cultural and political conversation, the technology has been undeservedly maligned by legacy interests for its perceived inefficiency, danger or wastefulness. Alongside HIVE, Bitcoin Magazine believes these assertions to be entirely without merit, and in many instances, reflective of the biases, motivated reasoning and cognitive distortions pervasive amongst individuals and institutions that Bitcoin is poised to disrupt.<\/p>\n HIVE Executive Chairman Frank Holmes, in a statement to Bitcoin Magazine<\/em>, noted the importance of Bitcoin education amidst the overall lack of objective reporting on the topic:<\/p>\n \u201cAt HIVE, we are passionate about our efforts to support and secure the Bitcoin network of 17,000 active nodes, both for the benefit of our shareholders, but also for our belief in Bitcoin\u2019s unique ability to be a source of portable, scarce, and digital wealth.<\/p>\n It seems that the very entities critical of gold or other alternative asset classes, have even harsher sentiments toward Bitcoin. This observation underscores a broader pattern of resistance from traditional financial institutions, bank lobbyists, and global non-elected agencies like the Bank of International Settlements toward alternative stores of value and decentralized, portable assets.<\/p>\n Objective reporting can be scarce in the Bitcoin sector, making it crucial for investors to seek knowledge and understanding independently. We hope the \u201cFUD Fighters\u201d campaign with Bitcoin Magazine \u2013 a long-time pioneer in Bitcoin and business partner of HIVE \u2013 can do just that. The FUD ends now.\u201d<\/p>\n Mark Goodwin, Bitcoin Magazine<\/em>\u2019s Editor-in-Chief:<\/p>\n \u201cFor those working in Bitcoin, we have now come to expect the poorly articulated, yet shockingly popular, media campaigns that appear from time to time. From ill-fated criticisms of its energy use, to its technological competitors projecting their own improprieties onto Bitcoin, and the always-classic moralization of individual self-determination, these attacks are trite, and revealing of the motivations underlying those who levy them.<\/p>\n It should be no secret that Bitcoin Magazine as a publication has a point-of-view, and that point-of-view is that Bitcoin is a positive technology worth fighting for because of the benefits that it confers humanity. To that end, education and objective journalism are critical to fostering a public dialog that will converge upon truth.FUD Fighters is an attempt to clarify the muddy waters of the Bitcoin discourse by highlighting refutations from experts who have taken the time to run the numbers and go beyond the surface. Their conclusions are by-and-large contrary to the baseless claims that entrenched interests would prefer to be accepted as truth.\u201d<\/p>\n