Hives where it’s at . HIVE Blockchain Technologies expanding crypto mining capacity
HIVE Blockchain Technologies (TSX:HIVE) rose from a 52-week low of $0.135 to a 52-week high of $3.50 last year. At the time of writing, the stock is trading for $2.81 per share.
HIVE Blockchain Technologies is a cryptocurrency mining company in Canada, Sweden, and Iceland. The company sells digital currencies, including Ethereum and Bitcoin.
HIVE Blockchain is the most liquid stock on the TSX.V. Last year, investors traded 1.7 billion shares. If you want a venture stock with sufficient trading activity, HIVE might be a good choice.
Moreover, the company has made some exciting announcements. The company is planning on expanding its Ethereum footprint and increasing its capacity to mine bitcoin. The prices of these cryptocurrencies have soared and now might be a good time to invest in a company like HIVE.