HIVE Blockchain Technologies Ltd. (OTCMKTS:HVBTF – Get Free Report)’s share price dropped 2% during trading on Thursday. The stock traded as low as $2.93 and last traded at $2.95. Approximately 12,373,389 shares were traded during trading, an increase of 212% from the average session volume of 3,960,986 shares. The stock had previously closed at $3.01.
HIVE Blockchain Technologies Stock Down 1.0%
The firm’s 50-day moving average is $2.95 and its two-hundred day moving average is $3.03.
About HIVE Blockchain Technologies
HIVE Blockchain Technologies Ltd., now operating as HIVE Digital Technologies Ltd., is a digital-asset mining and technology company. Its primary business is the operation of data centers that use specialized computing equipment to mine Bitcoin and other digital assets. The company also focuses on maintaining and expanding digital infrastructure designed to support energy-intensive computing applications.
HIVE was established in 2017 through a partnership involving Genesis Mining and Fiore Group and became one of the early publicly traded cryptocurrency-mining companies.
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