Hive Blockchain Technologies (NASDAQ: HIVE)
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Hive Blockchain Technologies Return vs. S&P
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Hive Blockchain Technologies Company Info
HIVE Blockchain Technologies Ltd. engages in building a bridge from the block chain sector to traditional capital markets. It also involves in the production of mined cryptocurrency like Ethereum around the clock. Its project include Iceland Cryptocurrency Mining. The company was founded on June 24, 1987 and is headquartered in Vancouver, Canada.
News & Analysis
The price of Bitcoin continued to rally over this past weekend.
Already very cool on cryptocurrencies and related assets, the market gets even more bearish on the company following its first-quarter earnings release.
Stocks and cryptocurrencies are bouncing back after recent pullbacks.
While rising cryptocurrency prices have helped these stock rise, traders undoubtedly are playing a volatile role.
Should you want partial or direct exposure to cryptocurrency mining, these stocks will do the trick.
These stocks are an alternative to buying virtual currencies directly from decentralized exchanges.
Though the concept of "mining" is foreign to many, this firm is making money.
Valuation
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