Crypto Miner Hive Blockchain to List Shares on Nasdaq

·1 min read

Hive Blockchain Technologies, a publicly traded Canadian crypto-mining company, said it received approval to list its common shares on Nasdaq.

  • Hive Blockchain mines ethereum and bitcoin continuously on the cloud and keeps hold of most of its production. It owns data-center facilities in Canada, Sweden, and Ireland.

  • The Vancouver-based company went public in 2017 and said it will retain its listing on the TSX Venture Exchange, trading under the ticker symbol “HIVE.”

  • The shares have gained about 33% this year.

  • Hive did not say when the Nasdaq shares would start trading.

  • In May, the firm sold its Norwegian subsidiary Kolos Norway AS after the government abolished power subsidies.

Read more: Crypto Miner Hive Blockchain Sells Norwegian Unit After Country Removes Power Subsidy

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