Public market insider buying at HIVE Blockchain Tech (HIVE)

Public market insider buying at HIVE Blockchain Tech (V:HIVE)

Ian Hollis Mann, a Subsidiary Executive, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.125 on January 22nd, 2020. This represents a $250,400 investment into the company's shares and an account share holdings change of 100.0%.

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. HIVE Blockchain Technologies (HIVE) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $250,400.