Genesis Mining selling at HIVE Blockchain Tech (HIVE)

Genesis Mining selling at HIVE Blockchain Tech (V:HIVE)

Genesis Mining Ltd., a 10% Holder, disposed of 2,372,000 Common Shares on a direct ownership basis at prices ranging from $0.309 to $0.447 between July 18th, 2019 and August 1st, 2019. This represents a $811,267 divestment of the company's shares and an account share holdings change of -4.1%.

HIVE Blockchain Tech is in the Financial & Commodity Market Operators Sub Industry Group under the Financials Sector.

HIVE Blockchain Technologies Ltd, formerly Leeta Gold Corp, is a Canada-based company within blockchain sector. It partners with Genesis Mining Ltd, a cryptocurrency mining hashrate provider, in order to operate blockchain infrastructure, namely cryptocurrency mining facility in Iceland. The facility produces mined cryptocurrency Ethereum around the clock and is monitored with Genesis Hive, Genesis' proprietary software tool for large-scale mining, to automatically optimize chip temperatures and power consumption needed for coin production. Also, the Company partners with Fiore Group, a Canadian merchant banking firm, in order to accelerate development of the blockchain sector through traditional capital markets.