HBFA) mentioned in the research report

Stonegate Capital Partners announced on Tuesday that it has initiated coverage on HIVE Blockchain Technologies (NASDAQ: HIVE ) (TSX.V: HIVE ) (FSE: HBFA ). HIVE is a leading miner and green-focused data center builder and operator. Among key takeaways listed in the initiation of the research report, Stonegate highlighted HIVE’s high operational efficiency, ESG-oriented focus and its improved mining capacity. “The company is the market leader in BTC mined per exahash (‘EH’) with 122 BTC mined per EH per month as of September 30, 2022. A modern and regularly updated mining fleet supports the company’s production efficiency,” the report said. . “The company has invested heavily in upgrading the mining fleet. HIVE is one of only four miners who will collaborate on the new BTC ASIC chip being launched by Intel.”

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About HIVE Blockchain Technologies Ltd.

HIVE Blockchain Technologies went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE is a growth-oriented technology share in the emerging blockchain industry. As a company whose shares are traded on a major exchange, HIVE is building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data center facilities in Canada, Sweden and Iceland, where it sources green energy for cloud mining and strives to build a significant HODL position of Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of ETH and BTC coin mining rewards. The shares give investors exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as BTC. Because HIVE also owns hard assets such as data centers and advanced multipurpose servers, the company believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. For more information and to sign up for HIVE’s mailing list, please visit www.HIVEBlockchain.com

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