HIVE Blockchain Technologies Ltd (HIVE)

[rjunior79]

I spoke to HIVE today with a board member today called Tobias Ebel

HIVE hasn't sold any of the crypto it's mined so far. So they are holding ethereum and a currency called Z-cash.

The Sweden center is probably going to be the largest crypto mining operation in the world when it's fully up and running. HIVE plans to expand in Sweden.

The decision to release shares earlier than planned was to alleviate a short squeeze in the stock. Evidently somebody lost some real money going short, Friday's price action in the morning was short squeeze related.

Upon completion of the second phase construction of the Sweden data centre, the Company’s hashpower capacity is expected to be based approximately 78% in Sweden and 22% in Iceland.

I'm more bullish on the stock and have no doubt that this is the gold standard publicly traded crypto miner.
Just that fact will ensure the stock trades at a hefty premium to whatever one makes up its net asset value is.