Crypto Miner Hive Blockchain to List Shares on Nasdaq
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
