HIVE Blockchain Technologies Ltd (HIVE)

[77Port]

All the mining stocks were way up, and now they're less way up. And so now the normal balancing must occur. Each time the pros say crypto is a risky new asset class, this is what they mean.

This bullish Seeking Alpha article from today shows the following:
https://seekingalpha.com/article/4426884-bitcoin-get-ready-for-another-wave-higher
RIOT: down 50% from high and still up 2100% from it's low last year.
MARA: down 45% from high and still up 5000% from it's low last year.
HVBTF: down 44% from high and still up 1300% from it's low last year.
Note: Blonity usually gives this number every weeknight.

Thanks for posting the 40-F. Look at this line from the Table: "DISCLOSURE OF CONTRACTUAL OBLIGATIONS."

Perhaps this line will be the race. Let's compare this 40-F line with all the other mining companies to see what their answers are. Perhaps, we don't yet know, but perhaps Hive--being one of the few profitable companies thanks to the stable and long term plan of the new management team--will continue showing actual profit as they have over the most recent earnings reports.

Again, perhaps, if such minds still manage wall street, profit will finally get its rightful attention. We will see. The other miners have great stories, great photos and good PR writers. They're good companies, but all are operating on fumes. One caveat is that, assuming the price of BTC continues rising, then the big time HODLers like Mara and Hut8 might also show good balance sheets as they hold 1000s of BTC, not just hundreds. But I'm not sure how such assets show up on balance sheets. BTC wealth is not exactly profit. A company can lose a boatload of cash due to inefficient management and, if they happen to have a shoebox full of BTC, they can still look smart. But Hive actually manages a profitable company. Let's see who is paying attention to that.

And what about the line in the 40-F: DISCLOSURE OF CONTRACTUAL OBLIGATIONS? Question to answer: "Other Long Term Liabilities Reflected on the Company’s Balance Sheet under the GAAP of the primary financial statements."

Hive's answer in each category: $NIL. Nada. No long-term debt, just active purchase debt, presumably due to upgrading mining equipment.