HIVE Blockchain Technologies shares listed on Nasdaq

Common shares of mining company HIVE Blockchain Technologies were listed on Nasdaq. Since 2017 they have been listed on the Toronto Stock Exchange (TSX).

HIVE is excited to announce today that it has received approval to list its common shares on the Nasdaq Capital Markets Exchange, where it will begin trading soon. HIVE will also retain its listing on the TSX Venture Exchange (TSX.V). pic.twitter.com/6XyEFfSCL4

— H I V E (@HiveBlockchain) June 17, 2021

The start date for trading has not been announced.

Since the start of the year, the company’s shares under the same ticker on TSX have risen by 33%.

HIVE engages in Bitcoin and Ethereum mining in Canada, Sweden, and Ireland. Most mined coins are stored in cold storage, with a small portion allocated to cover operating costs.

Earlier in May, HIVE sold the Norwegian subsidiary Kolos Norway AS amid the cancellation of electricity subsidies.

In January, the company acquired 6,400 AvalonMiner 1246 ASIC miners from the Chinese manufacturer Canaan, with delivery by the end of 2021.

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