HIVE Blockchain (HIVE-TSXv) has landed a CDN$100 million financing to expand their facilities in Sweden and build a Bitcoin mining facility starting Q4 2018. A picture is worth a thousand words: The financing was done at $3.15 with a lead order of $50 million (!!!). Fifty million is a milestone number for any deal done in Canada, let alone a… Read More »
My senior partner wangled an invitation for me to the The GMP Securities Next in Tech Conference 2018 Outlook: Blockchain in Toronto last Thursday. It was a fun but intense day of chasing around company reps and seeing what new business models for blockchain and cryptocurrencies were being developed and funded. Here are three companies that presented that I like… Read More »
The Blockchain Intelligence Group (BIGG) debuted on the Canadian Securities Exchange last Wednesday and was quickly valued by the market at more than $250 million CAD before backing off a bit to close at $2.10 a share. BIGG, like HIVE Blockchain before it, had a massive first day. BIGG announced $10 million bought deal at 75 cents before trading opened on Wednesday. They… Read More »
I am getting email from readers just starting to dip their toe into crypto-currency investing. They are picking blockchain companies off the public market listings and asking “Do you like this one?” Most of the time (surprisingly), I say no. This is what you should be investing in RIGHT NOW. Deals that have exposure to the Big Three… Read More »
Do you believe in the long-term future of initial coin offerings but can’t stomach the lack of regulation, wild-west mentality, and outright scams in the marketplace? There are just not a lot of good deals out there. Nano-caps have turned overnight-blockchain with a signed MOUs or JVs that lets them put out a news release with words “blockchain”… Read More »
(Be The Banker, Not the Gambler) Last Wednesday the planned fork for Bitcoin was called off, causing a massive shift in the futures contact of Bitcoin on Bitmex. This caused huge loses among some Bitcoin investors, but not for me, as my trade was hedged. If you want to make a living in Vegas, it’s best to… Read More »
