Bitcoin Mining Firm HIVE Blockchain Approved For Nasdaq Listing

HIVE, which first went public in 2017 on the Toronto Stock Exchange , said in the announcement that it “will retain its listing on the TSX Venture Exchange.” With the firm’s new listing on the Nasdaq, however, investors in the U.S.

In the announcement, HIVE described itself as a “growth-oriented company in an emergent industry” that bridges the blockchain sector with the traditional capital markets.

According to the announcement, in 2020, HIVE traded over two billion shares.

Securities and Exchange Commission in the U.S., investors who don’t fully grasp how to buy and hold BTC themselves have resorted to a few different alternatives.

When it comes to retail investors, however, existing exchange-traded alternatives are even more indirect.

A similar proxy could happen with HIVE and other publicly-listed bitcoin mining companies for retail investors to get some exposure to the appreciation of bitcoin’s price.

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