#CryptoCorner #Podcast 643: #Stocks discussed: (NasdaqGS: $MSTR) (NasdaqGS: $HVBT) (NYSE: $MA) (NasdaqGS: $PYPL)

 



 

#CryptoCorner #Podcast 643: #Stocks discussed: (NasdaqGS: $MSTR) (NasdaqGS: $HVBT) (NYSE: $MA) (NasdaqGS: $PYPL)

 

MicroStrategy Reports Q2 Financials, HIVE Delays Annual Financial Statements but Gives Swedish Update, Mastercard CEO Says “We Have to be in” Crypto Space, and PayPal Eyeing to Expand Crypto Services to UK

 

Point Roberts, WA, Delta BC July 30, 2021 -  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:  

https://www.investorideas.com/Audio/Podcasts/2021/073021-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/07301MSTR-HVBT-MA-PYPL.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:MSTR) (NasdaqGS:HVBT) (NYSE:MA) (NasdaqGS:PYPL)

 

MicroStrategy Incorporated (NasdaqGS:MSTR) published its second quarter 2021 financial results, reporting $2.051 billion in digital assets held as of June 30, 2021. The company’s CEO, Michael Saylor, commented:

 

"We continue to be pleased by the results of the implementation of our digital asset strategy. Our latest capital raise allowed us to expand our digital holdings, which now exceed 105,000 bitcoins [BTC]. Going forward, we intend to continue to deploy additional capital into our digital asset strategy."

 

HIVE Blockchain Technologies Limited (NasdaqGS:HVBT) has announced that filing of its statements for the financial year ended March 31, 2021 has been delayed due to “operational and reporting challenges associated with the consolidation of the 5 countries that the Company operates in: Sweden, Canada, Switzerland, Bermuda, and Iceland.” An excerpt from that same press release, however, provides some insight into the company’s Swedish operation and Ethereum (ETH) mining:

 

This reorganization of our Swedish operation, which is where most of our GPU mining operations are located, will provide a better corporate structure as we move into high performance computing (HPC) cloud hosting. In the future, HIVE will use its high-end GPUs, which currently mine Ethereum, to provide HPC cloud hosting for tasks that require substantial GPU processing power, such as simulations, AI, machine learning, and gaming. This shift to cloud HPC hosting will depend on the timing of the launch of Ethereum 2 (Eth2), which is a planned upgrade to Ethereum that is expected to make mining ETH obsolete.

 

American Banker reports that Michael Miebach, CEO of Mastercard (NYSE:MA), commented in a company earnings call yesterday, on its position regarding cryptocurrencies. He said:

 

"What we believe we do is bring a perspective to the market as a multrail payment provider. We have to be in this space because people are looking for answers."

 

Cointelegraph reports that PayPal (NasdaqGS:PYPL) has its eye on opening its crypto trading services in the UK. Dan Schulman, the company’s CEO, said in an earnings call on Wednesday:

 

“Yeah, well, we continue to be really pleased with the momentum we're seeing on crypto. […] We're going to launch, hopefully, maybe even next month in the U.K., open up trading there.”

 

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 publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

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

800-665-0411

 

 



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

 

Comments