In response to multiple shareholder inquiries understandably confused by this Blockchain's announcement, HIVE clarifies that it has no association with this Blockchain. HIVE believes this Blockchain's use of "Hive" and "Hive Blockchain" is, intentionally or otherwise, confusing with the Company's brand, which it has used globally over the Internet in relation to its connection with blockchain related goods and services including cryptocurrency. This Blockchain's use of the same brand in connection with similar goods and services also passes off on the goodwill that HIVE has developed.
"As an early leader in the blockchain sector, we have invested significant amounts of money in developing our brand and educating the capital markets on blockchain technology and cryptocurrencies," explained
HIVE was the first publicly listed blockchain infrastructure company and provides a pure play blockchain investment for the capital markets. The Company is a growth oriented, publicly-listed company building a bridge from the blockchain sector to traditional capital markets by providing shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins. Since 2017, HIVE has owned digital currency mining facilities which produce newly minted digital currencies like Ethereum and Ethereum Classic. The Company has also mined other digital currencies in the past including Bitcoin as well as other crypto-coins. The Company was one of the earliest ways for investors to gain exposure to businesses in this space.
About HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art GPU-based digital currency mining facilities in
For more information and to register to HIVE's mailing list, please visit www.HIVEblockchain.com. Follow @HIVEblockchain on Twitter and subscribe to HIVE's YouTube channel.
On Behalf of HIVE Blockchain Technologies Ltd.
"Frank Holmes"
Interim Executive Chairman
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, statements regarding further steps to protect the Company's interests; and, the Company's future plans and opportunities.
Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not pursue further action to protect its interests as set forth in this release; and other related risks as more fully set out in the Company's filings at www.sedar.com.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
ii https://hive.io/ |
SOURCE
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