Hello readers,
Today, I would like to discuss the first of its kind cryptocurrency mining company that has recently popped up upon my radar as of a few days.
I believe that this would be a great investment vehicle tied to the cryptocurrency and is cash flow positive. Which seems like a no brainer opportunity in my view.
HIVE Blockchain Technologies is a partnership between Genesis Mining, the world’s largest Bitcoin cloud mining company, with over 700,000 customers, and Fiore Group, a leading Canadian banking firm led by Frank Giustra, founder of Lions Gate Entertainment.
These two board members have built up a track record within wall street and forces to be reckoned with in my opinion.
Frank Holmes is the CEO of U.S. Global Investors, a fund manager who is one of the most sought-after speakers in North America.
Olivier Newton is a technology entrepreneur and a partner at Latent Capital, an investment fund focused on early to mid-stage opportunities in quantum computing and financial technology.
Hive now allows for investors like myself to invest within a basket of cryptocurrency for pennies on the dollar. The price is about $1.84 up 200% and up 800%+ within the otc market (if you do pink sheets) In the past 3 days alone. With plenty more upside I'm sure from hoarding and mining potential.
Hive has recently acquired a state of the art mining facility in Iceland from Genesis for $9m USD. Completed in the month of May, with agreements in place to acquire up to 4 additional data centres in Iceland and/or Sweden.
I've already added the company to my portfolio and if you believe cryptos and the blockchain is here to stay then I you should add it to yours.
Please remember to do your own due diligence and do not take this as investment advice from myself.
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