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HIVE — HIVE Digital Technologies News Story

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Brief: Hive Blockchain announces $30 mln bought deal financing

Oct 25 (Reuters) - Hive Blockchain Technologies Ltd 
 HIVE.V : 
    * Hive Blockchain announces $30 million bought deal 
financing and launches second phase expansion in Sweden 
    * Says U.S. $22 million Sweden expansion to grow co's 
cryptocurrency mining capacity by over 60% 
    * Says net proceeds of offering expected to be used to fund 
second phase of construction at cryptocurrency mining data 
centre in Sweden 
    * Says expansion at Sweden data centre will be constructed 
by Genesis Mining and is expected to be completed in March 2018 
 
Source text for Eikon:  ID:nCCNJ2HFka  
Further company coverage:  HIVE.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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