02:59:30 EDT Sun 17 Oct 2021
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Hive Blockchain Technologies Ltd
Symbol HIVE
Shares Issued 380,862,359
Close 2021-08-18 C$ 3.54
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Hive Blockchain appoints Kilic president, COO

2021-08-19 01:47 ET - News Release

Mr. Frank Holmes reports


Hive Blockchain Technologies Ltd. has appointed Aydin Kilic as president and chief operations officer. He will report to executive chairman Frank Holmes while overseeing all operational activities, across the company's facilities in Canada, Iceland and Sweden.

"I have known Aydin for the past three years and have found his knowledge and experiences in bitcoin mining and data centre management invaluable," said executive chairman Mr. Holmes.

Mr. Kilic has a 20-year career as an entrepreneur and electrical engineer with expertise in cryptocurrency, capital markets, real estate development and scientific research. Mr. Kilic founded Fortress Blockchain Corp. in 2017, a Canadian public company in the blockchain industry mining BTC. Further, Mr. Kilic will bring to the Hive team a comprehensive understanding of Canadian securities laws, public company audit demands, ESG (environmental, social and governance) investing and exchange rules governing publicly traded cryptomining companies. Further, Mr. Kilic has both a degree in electrical engineering and deep experiences in the bitcoin mining ecosystem.

Additionally, Mr. Kilic led real estate development projects valued at over $150-million through large rezoning and permitting processes. He has secured over $100-million in project and construction financing from Canadian banks, in addition to overseeing the successful acquisition of over $100-million of real property transactions. Prior to this, Mr. Kilic worked professionally as a radio frequency (RF) engineer at Sierra Wireless, where he conducted research in electromagnetic science and worked in product development of compact broadband antennas for wireless wide area network (WWAN) cellular devices, collaborating globally with leading test laboratories in France and California.

Mr. Kilic holds a degree in engineering science (honours) from Simon Fraser University, having specialized in high-frequency electronics and time-variant 3-D electromagnetics. In addition, he holds a black belt in martial arts.

Mr. Kilic has a diverse background and a tremendous amount of accumulated experience and expertise, which will continue to propel Hive forward during these periods of rapid growth. The company looks forward to welcoming him aboard.

About Hive Blockchain Technologies Ltd.

Hive Blockchain went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.

Hive is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, it is building a bridge between the digital currency and blockchain sector and traditional capital markets. Hive owns state-of-the-art, green-energy-powered data centre facilities in Canada, Sweden and Iceland, where it sources only green energy to mine on the cloud and hodl both ethereum and bitcoin. Since the beginning of 2021, Hive has held in secure storage the majority of its ETH and BTC coin mining rewards. Its shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because Hive also owns hard assets such as data centres and advanced multiuse servers, it believes its shares offer investors an attractive way to gain exposure to the cryptocurrency space. Hive traded over two billion shares in 2020.

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