Diligence memo · auto-generated · as of July 2, 2026
HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
HIVE Blockchain Technologies Ltd. operates in Crypto / Web3, based in VANCOUVER.
Sub-sector tags: crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
HIVE Blockchain Technologies Ltd. has raised $16M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $15M on 2020-12-31.
Most recent recorded round closed around 2020-12-31.
Valuation (modeled)modeled
Provath models HIVE Blockchain Technologies Ltd. at approximately $398M (range $17M–$1.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.05× the median modeled value of Series A Crypto / Web3 companies in 2019–2021 (9 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 5.5 yr ago; this sector typically re-raises about every 7 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 59.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 88% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 91% of those peers.
Closest niche peers: Bitfxt, DigiCrypts Blockchain Solutions Inc., World NFT Research Institute, Blockchain Foundry Inc., Notabene, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.