Crypto Miner Hive Blockchain to List Shares on Nasdaq

The shares will continue to trade on the TSX Venture Exchange.

Jun 18, 2021 at 12:05 p.m. UTC
Updated Sep 14, 2021 at 1:13 p.m. UTC

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.
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
First Mover Asia: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

CoinDesk - Unknown
2
CoinDesk - Unknown
NEAR Protocol

CoinDesk - Unknown
3
CoinDesk - Unknown
MOBOX

CoinDesk - Unknown
4
CoinDesk - Unknown
Moonriver

CoinDesk - Unknown