This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.
- Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBF) (the "Company" or "HIVE") is excited to announce the purchase of 6,500 next generation Bitcoin miners.
- The integration of these miners into HIVE's systems will be made in tranches over the next 130 days.
- Bitcoin continues to have a daily volatility of plus or minus 6% and investors should be aware of this volatility.
- This new production along with our monthly deliveries of previously announced miners will quickly accelerate building up our Bitcoin reserves.