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Hive Blockchain Technologies Ltd: HIVE Blockchain Confirms the Acquisition of a 50 MW Data Centre With The Signing Of Definitive Agreement With GPU.ONE


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This news release constitutes a designated news release for the purposes of the Company s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021
VANCOUVER, BC / ACCESSWIRE / February 25, 2021 / HIVE Blockchain Technologies Ltd. (TSX.V:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the Company or HIVE ) is excited to announce that it has signed a Share Purchase Agreement with GPU.One Holding Inc. ( GPU One ), to expand HIVE s Canadian footprint through the purchase of 100% of the shares of GPU Atlantic Inc. ( GPU Atlantic ) (see About GPU Atlantic Inc. below). This acquisition will build long term assets on our balance sheet and complements our ESG strategy to only mine coins on the cloud from sources of low-cost surplus green energy. Further, GPU One key management with many years of deep data centre experiences will be joining the HIVE team. ....

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