#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
Post a Comment