HIVE Blockchain Announces Rebranding and Name Change This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 10, 2023 to its short form base shelf prospectus dated May 1, 2023.
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2023) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: HBFA) (the Company" or "HIVE") a global leader in blockchain technology, today announces its intent to undergo a strategic rebranding including a name change to "HIVE Digital Technologies Ltd." (the "Name Change") to better reflect the Company's evolving expansion into fast tracking our HPC data centres by utilizing our Nvidia high performance Graphics Processing Unit ("GPU") chips for the mass adoption trend in Artificial Intelligence ("AI"). HIVE has been a pioneering force in the cryptocurrency mining sector since 2017. The intent of the name change signals a significant strategic expansion to harness the potential of our green energy data centres and of GPU Cloud compute technology, a vital tool in the world of AI, machine learning, and advanced data analysis since the launch of ChatGPT.
RETRANSMISSION: HIVE Blockchain Announces Rebranding and Name Change to HIVE Digital Technologies Ltd. to Reflect our HPC Strategy and Updates Bitcoin Equivalent for Fiscal 2023 (newsfilecorp.com)