#CryptoCorner #Podcast 655: #Stocks discussed: (NasdaqGM: $BITF) (OTC: $ARBKF) (NasdaqCM: $EQOS)
#CryptoCorner #Podcast 655: #Stocks
discussed: (NasdaqGM: $BITF) (OTC: $ARBKF) (NasdaqCM: $EQOS)
Bitfarms
Reports Q2 Results, Argo Becomes Climate Positive in All #Crypto Operations,
and EQONEX Launches Institutional Crypto Lending Platform
Point Roberts, WA, Delta BC August 17,
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.
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Stocks discussed: (NasdaqGM:BITF)
(OTC:ARBKF) (NasdaqCM:EQOS)
Bitfarms Ltd. (NasdaqGM:BITF) has reported its financial results for the
second quarter ended June 30, 2021. Highlights include revenues of $36.7
million, the mining of 759 Bitcoin (BTC), and the reception and
installation of 3,461 miners during the quarter. The company’s CEO, Emiliano
Grodzki, said:
“The
second quarter of 2021 was a pivotal one for our company. We made great
progress towards our goal of becoming a global Bitcoin mining company and
solidifying our position as a leader in the Bitcoin mining space. From the
beginning of 2021 through the end of 2022, we expect to have increased our
capacity eight- fold and have expanded our geographic resources throughout
North and South America while continuing to pursue opportunities elsewhere.
We’ve commenced trading on Nasdaq, built out our leadership team with additions
and promotions in Canada, the US and South America, and capitalized on our
infrastructure capabilities to build on our relationships and identify
potential locations for expanding our geographic presence.”
Argo Blockchain (OTC:ARBKF) has become Climate Positive – addressing and
mitigating emissions to become carbon neutral – for Scope 1, 2, and 3
Greenhouse Gas (GHG) emissions associated with all of its respective
crypto-related operations. The company’s CEO, Peter Wall, commented:
"We
are proud to be the first publicly traded cryptocurrency mining company to
reach the Climate Positive milestone and remain laser-focused on encouraging
other companies to join us – both inside and outside of the industry.
Furthermore, we wanted to publicly issue our Climate Strategy in hopes of
encouraging collaboration, input and dialogue among all companies on ways to
create climate-positive environments.”
EQONEX Group (NasdaqCM:EQOS), formerly Diginex Limited, has announced the launch of EQONEX Lending, its
institutional crypto lending platform, following a licensing agreement with
crypto lending platform Lendingblock. EQONEX CEO Richard Byworth explained:
"The
crypto lending market is set to be one of the fastest growing segments of the
industry in the coming months and years, as institutions look to manage their
capital efficiently. Lendingblock's technology is proven to provide state of
the art settlement, collateral management capabilities, and transparent
pricing. EQONEX Lending will be the only platform that provides the ability to
view the whole loan book, allowing clients to have the full flexibility to set
their own financial terms."
Sam
Mowers, Investorideas
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