Vancouver, Kelowna, Delta, BC – December 30, 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.
Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).
The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 914: Stocks discussed: (TSX: GLXY) (NasdaqGS: ARBK) (OTC: SMURF) (OTC: SANP)
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Stocks discussed: (TSX:GLXY) (NasdaqGS:ARBK) (OTC:SMURF) (OTC:SANP)
Galaxy Digital Holdings Ltd. (TSX:GLXY) has agreed to acquire the Helios bitcoin (BTC) mining facility and its related operations from Argo Blockchain (NasdaqGS:ARBK) for approximately $65 million. Helios, as described in the press release, “is a large-scale bitcoin mining facility located in Dickens County, Texas, that has the ability to operate up to 180 megawatts (MW) of mining capacity, utilizing immersion cooling technology,” and is expected “to provide Galaxy with as much as 800 MW of capacity,” upon receipt. Chris Ferraro, President and Chief Investment Officer at Galaxy, said:
“Galaxy is aspiring to be one of the most trusted nodes of the decentralized future. The acquisition of Helios represents a new stage over our two-year journey in bitcoin mining that increases our operating scale and breadth of solutions, creating sustainable value for the biggest decentralized digital asset network and shareholders alike.”
Tokens.com Corp. (OTC:SMURF) has reported its financial results for the nine months fiscal year ended September 30, 2022. Highlights include year-end cash balance of $5.8 million and digital assets – cryptocurrency balance of $7.3 million, total revenue for the nine-months of $678k, and total assets of $20.0 million. Andrew Kiguel, the company’s CEO, said:
“FY2022 is marked with non-cash losses that reflect the revaluation of the crypto assets we own. However, these non-cash losses have not impacted the ongoing growth within our metaverse and gaming business segments. Despite negative global macro events and the subsequent impact on our share price, management at Tokens.com has been able to build its businesses at Metaverse Group and Hulk Labs. Both are revenue positive and growing.”
Santo Mining Corp. (OTC:SANP) has announced that it will develop the Badbunniez NFTs on the CHIMBA Blockchain. Badbunniez, according to the press release, “are the first R-Rated, generative NFT drop on the CHIMBA Blockchain inspired by gamer favorites such as Final Fantasy VII, Mortal Kombat, God of War, Dragon Ball Z, Planet of the Apes, BYAC & Bloody Bunny.” Franjose Yglesias, Santo’s CEO, said:
“We are stoked to develop one of the first use cases for the CHIMBA Blockchain and that to be the Badbunniez NFTs, the NFT market will continue to grow and we expect that the next 5 years the NFT market will grow exponentially.”
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse(TM), its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.
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