Closing out the week on The Daily Dive today is Frank Holmes, Executive Chairman of Hive Blockchain (TSXV: HIVE) and CEO of US Global Investors. Frank joins us this afternoon to discuss the current state of crypto scams, what needs to happen for bitcoin to return to highs, and rising network difficulty.
The discussion then turns to Hive, where we discuss a recent share consolidation, how the company intends to use coins its mined, the correlation between bitcoin and tech stocks, and what investors should watch for over the near term.
HIVE Blockchain Technologies is one of the first publicly traded crypto miners, listing on the Toronto Venture Exchange in 2017 and on the Nasdaq in 2021. The company uses 100% green energy to mine both Bitcoin and Ethereum, with a committed ESG strategy since day one. HIVE strives to create long-term shareholder value with its unique HODL strategy, bridging the blockchain and cryptocurrencies to traditional capital markets.
The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.