Crypto Bytes: Stock of the Day: HIVE Blockchain Technologies HVBTF

in #cryptocurrency7 years ago (edited)

HIVEblockchain.jpg
It is possible to invest in blockchain tech through the traditional stock market, not just buying cryptocurrencies.
This is not financial advice. This is shared information to provide a broader view of the blockchain market.
HVBTF is the US stock market ticker for HIVE Blockchain Technologies.

HIVE is a a publicly traded cryptocurrency mining company partnered with Genesis Mining. With a current focus on mining Ethereum. They also mine Litecoin, Zcash, and will mine Bitcoin in the future.
Their chairman Frank Holmes is a wall street veteran that specialized in gold. He sees the opportunity in cryptocurrencies and is involved with this company so he can mine digital gold.
They have a giant mining facility located in Iceland to reduce costs with its abundant cheap electricity. The colder climate is of course helpful for cooling down mining rigs.

This is one of the only mining stock plays on wall street.
If you are interested in learning more to broaden your portfolio, check out HIVE.
Do your own research
https://www.hiveblockchain.com/
https://finance.yahoo.com/quote/HVBTF?p=HVBTF
A great interview with HIVE Chairman Frank Holmes, conducted by CryptoLark

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin10387.100$6.92%-8.5%
ETHEthereum871.896$2.59%-8.05%
LTCLitecoin223.383$0.35%-1.8%
ZECZcash405.829$3.13%-14.5%