Crypto Mining Company Hive Blockchain to Goes Public on Nasdaq
Hive Blockchain Technologies, a publicly traded Canadian crypto-mining company, recently announced that it received approval to list its common shares on Nasdaq stock exchange.
Hive Blockchain mines Ethereum (ETH) and Bitcoin (BTC) 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 first went public in 2017 and has said that it will retain its listing on the TSX Venture Exchange, trading under the ticker symbol “HIVE.”
The crypto mining company’s shares have gained about 33% this year.
The Hive announcement did not disclose the exact timing when the Nasdaq shares would start trading.
In May, the firm sold its Norwegian subsidiary Kolos Norway AS after the government abolished power subsidies.
