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Crypto Miner Hive Blockchain to List Shares on Nasdaq
The shares will continue to trade on the TSX Venture Exchange.
Updated Sep 14, 2021, 1:13 p.m. Published Jun 18, 2021, 12:05 p.m.
Hive Blockchain Technologies, a publicly traded Canadian crypto-mining company, said it received approval to list its common shares on Nasdaq.
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- 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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