#CryptoCorner Episode 463: Grayscale (OTC: $GBTC) Reports $1B in New Investments for Q3, Ebang (NasdaqGS: $EBON) to Acquire NZ-Based Financial Company, Bitfarms (TSXV: $BITF.V) Enters Equipment Lease with BlockFills

#CryptoCorner Episode 463: Grayscale (OTC: $GBTC) Reports $1B in New Investments for Q3, Ebang (NasdaqGS: $EBON) to Acquire NZ-Based Financial Company, Bitfarms (TSXV: $BITF.V) Enters Equipment Lease with BlockFills


Point Roberts, WA, Delta BC October 14, 2020 - 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.


Listen to today’s Crypto Corner Podcast:  



Read this in full at https://www.investorideas.com/news/2020/crypto-corner/10141GBTC-EBON-BITF.asp


Get the Crypto Corner Podcast on iTunes


Get the Crypto corner on Spotify


Stocks discussed: (OTC:GBTC) (NasdaqGS:EBON) (TSXV:BITF)


Grayscale Investments released its Digital Asset Investment Report for Q3 2020, revealing that the company raised a record $1.05 billion in new investments in the quarter. According to the press release, “investment into the Grayscale family of products has surpassed $2.4 billion, more than double the $1.2 billion cumulative inflow into the products from 2013-2019.” Attracting the most investment in the quarter was the company’s Grayscale Bitcoin Trust (OTC:GBTC), which saw Q3 inflows of $719.3 million, and “has seen its assets under management (AUM) surge from $1.9 billion to $4.7 billion YTD.


Bitcoin mining machine producer Ebang International Holdings Inc. (NasdaqGS:EBON) has entered into an Expression of Interest Tender Letter to acquire a New Zealand-based financial company to establish a local digital asset financial service platform. Ebang’s Chairman and CEO, Dong Hu, explained:


“We remain steadfast in executing our strategies to launch comprehensive blockchain-enabled financial business[es] to capture the growth opportunity along the value chain of the blockchain industry. Leveraging our longstanding expertise in the blockchain technology and our recent expansions to Singapore, Canada and New Zealand, we have taken a giant stride toward our goal to build a fully-licensed, Internet-based trading platform that provides professional, convenient and innovative trading services.”


Bitfarms Ltd. (TSXV:BITF) has entered into an equipment lease with digital asset liquidity provider BlockFills for 1,000 WhatsMiner M31S miners to be delivered and installed by the end of November 2020. Bitfarms Interim CEO, Emiliano Grodzki, commented:


"Bitfarms continues to solidify its position as the industry leader in terms of operational hash rate, efficiency, and financial performance. The new equipment will fully utilize the installed infrastructure at our five high-powered data centers and will immediately be accretive to our financial performance. Unlike many of our competitors, Bitfarms operates all its computing power through its own facilities with wholesale energy prices avoiding costly hosting arrangements that may be terminated by the host with short customary notice periods. This positions Bitfarms uniquely as a sustainable and long-term mining operation."


Sam Mowers, Investorideas


For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory


Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .


The Crypto Corner is part of the Investor Ideas Membership content


The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.


Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.


Copyright and ownership: Crypto Corner is an Investorideas.com content brand


Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android  


Join our Investor Club https://www.investorideas.com/membership/


Contact Investorideas.com




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories