NIA is excited to announce Hive Blockchain (TSXV: HIVE) as its new #1 favorite Cryptocurrency stock suggestion. Back on March 3rd, NIA announced Ethereum at $18.50 as its #1 Cryptocurrency suggestion and over the following 3 1/2 months, Ethereum gained by 2,100% to a record high of $407.10!
The world’s largest Ethereum mining hashrate provider is Genesis Mining. On Friday, HIVE successfully acquired from Genesis Mining a brand new state-of-the-art Cryptocurrency mining data centre in Iceland. This facility was just completed in June and is already mining Ethereum and other Cryptocurrencies like Bitcoin!
HIVE and Genesis Mining have entered into an exclusive partnership where Genesis will operate HIVE’s new Iceland datacentre. HIVE has an option to acquire up to four additional Cryptocurrency mining data centres from Genesis in Iceland and/or Sweden and Genesis will operate them as well!
HIVE recently completed a CAD$15 million private placement at $0.30 per share. HIVE paid Genesis CAD$9 million for its initial Iceland Cryptocurrency mining data centre and Genesis has become HIVE’s largest shareholder with 30% ownership of the company!
HIVE will begin trading today for the first time after successfully completing a reverse merger into a company formerly known as Leeta Gold. HIVE has 226.6 million shares outstanding and we believe it is a sure thing to break $1 per share and it could possibly rise as high as $2-$3 per share by year-end 2017.
NIA’s last Blockchain stock suggestion BTL Group (TSXV: BTL) rose from NIA’s March 3rd suggestion price of $2.44 per share to a record high on June 6th of $7.04 per share for a gain of 188.5% in three months! In NIA’s opinion, HIVE has much greater upside and will quickly become the #1 hottest Cryptocurrency stock in the entire market!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from a third-party for covering HIVE of $60,000 cash. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.
Source: Inflation US