Los Angeles, CA, Jun 04, 2021 (GLOBE NEWSWIRE) – (via Blockchain Wire) Alpha Sigma Capital (ASC), a pioneering digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure has announced today the investment of HIVE Blockchain Technologies Ltd. (HIVE: TSX-V) in its flagship fund launched in January 2020. The fund invests in decentralized companies and projects that leverage blockchain technology to bring demonstrable change and efficiency in financial services, artificial intelligence , supply chain, and biotechnology. Alpha Sigma Capital uses a rigorous fundamental research approach to determine value and manage risk. As part of ASC’s Special Situations team, opportunities are examined, from value investing to distressed assets, combined with transaction structuring which includes mergers and acquisitions, restructuring, consolidation and public offerings of utility tokens and shares.
HIVE Blockchain Technologies Ltd. (HIVE: TSX-V), the first publicly traded blockchain infrastructure company that connects blockchain and cryptocurrencies to traditional capital markets, has invested in Alpha Sigma Capital Fund, LP.
HIVE has state-of-the-art data center facilities powered by green power, which continuously produce new digital currencies such as Bitcoin and Ethereum in the cloud. HIVE deployments provide shareholders with exposure to digital currency mining operating margins as well as a cryptocurrency portfolio. HIVE has also partnered with Elon Musk and Michael Saylor, CEO of Microstrategy to form the Bitcoin Mining Council. Which focuses on renewables in the cryptocurrency space.
About Alpha Sigma Capital
Active investment in the blockchain economy. â¢
Alpha Sigma Capital (ASC) is an investment fund focused on emerging blockchain companies that are successfully building their user base, demonstrating real uses of their decentralized ecosystems, and moving blockchain technology towards mass adoption. ASC focuses on companies leveraging blockchain technology to deliver added value in areas such as fintech, AI, supply chain, and healthcare. You can find more information at www.alphasigma.fund. To apply and receive our research, follow us on Twitter @alphasigmafund and LinkedIn
About HIVE Blockchain Technologies
HIVE Blockchain Technologies Ltd. is a TSX-listed company that builds a bridge between the blockchain industry and traditional capital markets. HIVE has state-of-the-art green energy-powered data centers in Canada, Sweden and Iceland that continuously produce new digital currencies like Bitcoin and Ethereum in the cloud. Our deployments provide shareholders with exposure to digital currency mining operating margins as well as a cryptocurrency portfolio.
For more information and to subscribe to the HIVE mailing list, please visit www.HIVEblockchain.com. Follow @HIVEblockchain on Twitter and subscribe to the HIVE YouTube channel.
Warning: This press release is for informational purposes only. The information does not constitute investment advice or an investment offer. Tokens and virtual currencies, in general, are not legal tender in any country, nor are they endorsed by any government as legal tender, nor should they be treated as such.