HIVE Blockchain Technologies Ltd. (OTCMKTS: HVBTF) has announced that the Nasdaq Stock Market LLC has approved its common stock for listing on the Nasdaq Capital Market Exchange. The company retains its TSX venture Exchange listing.
HIVE Announces Nasdaq trading but retains TSX.V listing
The company is the first cryptocurrency mining firm with an ESG and green energy strategy, and it went public in 2017. Its shares currently trade on the TSX.V exchange and will now trade on the Nasdaq Capital Markets Exchange.
Frank Holmes, HIVE’s Executive Chairman, said HIVE is a fast-growing firm in a rapidly growing sector. He said that HIVE is creating a link between the blockchain industry and conventional capital markets. The company operates modern green energy-powered data centers in Sweden, Iceland, and Canada, where it mines virtual currencies, including Bitcoin and Ethereum, in the cloud. Holmes confirmed that the company has accumulated most of its BTC and ETH currency production since the beginning of the year, kept in secure custody. Most importantly, the company’s investments give investors exposure to the digital currency mining operating margins and a portfolio of cryptocurrencies, including ETH and BTC. In 2020, HIVE traded more than 2 billion shares.
HIVE joins Alpha Sigma Capital fund
Recently HIVE invested into Alpha Sigma Capital’s flagship fund that launched at the start of last year. The fund invests in startups and decentralized projects that use blockchain technology to bring about verifiable change and efficiency in financial services, supply chains, biotechnologies, and artificial intelligence. In establishing value and controlling risk, Alpha Sigma Capital employs thorough fundamental research techniques. Opportunities ranging from value investment to illiquid assets, as well as deal structurings such as acquisitions and mergers, restructuring, public offerings, and consolidation, are some of the few the ASC’s Special Situations team explores.
 Receives Approval To List Share On Nasdaq Capital Markets Exchange){kind=link}