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Bitcoin and Ethereum Mining Company Hive Blockchain (HVBT) Now Trading On Nasdaq
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Small-Cap Crypto Execs Talk Bitcoin On Corporate Balance Sheets: It Makes A Lot Of Sense
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Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, including the intention to complete the private placement and the expected expenditure of the proceeds of the private placement, are forward-looking information. Other forward-looking information includes but is not l
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, including the intention to complete the private placement and the expected expenditure of the proceeds of the private placement, are forward-looking information. Other forward-looking information includes but is not l
One of these reasons is the upcoming cryptocurrency exchange Coinbase s planned US stock listing.
The bitcoin expert also suggested that the price hike would be due to a widening of bitcoin supply gaps and the hashrate heading to 275 EH/s .
The higher the hash rate the more valuable each coin becomes.
Mr Keiser said another element that might fuel the optimistic performance from bitcoin is the multitude of stimulus packages being released by central banks across the globe to offset the current coronavirus economic woes.
Bitcoin target price of $220,000 by end of 2021 (Image: GETTY)
He tweeted that, money printing exploding and gold price suppression were major factors in the surging price of the world s preeminent cryptocurrency.
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