Genesis Mining Ltd., a 10% Holder, acquired 1,818,180 Common Shares on a direct ownership basis at a price of $2.800 through a private transaction on November 14th, 2017. The insider also acquired 1,818,180 Warrants with an exercise price of $3.900 until November 14, 2019. This represents a $5,090,904 investment into the company's shares and an account share holdings change of 2.4%.
On the same terms, Jessica Van Den Akker, a Senior Officer, acquired 4,000 Common Shares and 4,000 Warrants on a direct ownership basis. This represents a $11,200 investment into the company's shares and an account share holdings change of 4.7%.
HIVE Blockchain Technologies Ltd. is partnered with Genesis Mining Ltd. to build blockchain infrastructure. HIVE owns digital currency mining facilities in Iceland, which produce mined digital currency like Ethereum around the clock.
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