HIVE Blockchain is one of the larger digital currency miners, is listed on the TSX Venture Exchange and after the strong run up in the crypto space currently has a market capitalization of over $1 billion!
HIVE had a difficult 2018 and 2019 given depressed Ethereum and Bitcoin prices, but last year has been particularly strong as the company has benefited from stronger coin prices. Fiscal 2021 (ended March 31, 2021) is expected to be the company’s first year of profitability. They have also continued to grow, recently acquiring additional data centre capacity in New Brunswick, Canada in an all share transaction.
This video looks at shares of HIVE Blockchain Technologies $HIVE.V to see if the stock represents an attractive opportunity for investors.