Vancouver, Kelowna, Delta, BC – September 23, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
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Crypto Corner Podcast 886: Stocks discussed: (CSE: BIGG) (TSXV: NDA) (OTC: CONMF)
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Stocks discussed: (CSE:BIGG) (TSXV:NDA) (OTC:CONMF)
BIGG Digital Assets Inc. (CSE:BIGG) has announced that its portfolio company, TerraZero Technologies Inc., has signed a letter of intent (LOI) with Whatcom Capital II Corp. which would result in TerraZero becoming publicly traded on the TSXV via a reverse take-over (RTO) transaction. Dan Reitzik, founder and CEO of TerraZero, said:
“TerraZero is a well capitalized, revenue producing company with three main business divisions. Our studio division creates immersive metaverse activations for global brands and companies. Our technology division creates solutions to bridge the real world with the virtual world, and our data analytics division aggregates data from across the metaverse to help guide the Company’s and our clients’ decision making. I see the metaverse as simply the next version of the internet as we know it today, but instead of a 2D environment, it is a 3D environment providing greater engagement between brands and consumers, and between people themselves. There will soon be significant consolidation and opportunities in the metaverse and Web 3 space, and TerraZero will be positioned to capitalize on these as needed.”
Neptune Digital Assets Corp. (TSXV:NDA) has reported an additional 53 petahash per second (PH/s) of mining machines online. According to the press release, “these Antminer S19 Pro Bitcoin mining machines have been tested, installed, and are now producing Bitcoin (BTC),” and “are hosted in a state-of-the-art facility in the USA owned and operated by Aspen Creek Digital Corporation (ACDC).” Cale Moodie, Neptune’s CEO, said:
“The mining business has been challenging over the last 12 months, however it does still remain profitable and we will continue to carefully grow these operations while focused on cost savings and profit margins. We look forward to a fruitful partnership with Aspen where we can grow our renewable focused mining operations. We are fortunate to have the financial means to take advantage of the current bear market and acquire assets at a discount using cash raised at the peak of the bull cycle.”
CoinSmart Financial Inc. (OTC:CONMF) has entered into a definitive agreement to be acquired by Canadian crypto asset trading platform Coinsquare Ltd. According to the press release, this transaction “will establish Coinsquare as one of Canada’s largest crypto asset trading platforms.” CoinSmart CEO Justin Hartzman said:
“With a diversified product suite, exceptional crypto talent, and one of the largest user bases in Canada, the combined company will be well-positioned to pursue its aggressive expansion plans. While the crypto market is in the building phase of its life cycle, this transaction will provide the torque needed to be in a favourable position entering the next bull run.”
Sam Mowers, Investorideas
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