#CryptoCorner #Podcast 665: #Stocks discussed: (CSE: $DIGI.C) (CSE: $BTC.C) (CSE: $GBLC.C)
#CryptoCorner #Podcast 665: #Stocks
discussed: (CSE: $DIGI.C) (CSE: $BTC.C) (CSE: $GBLC.C)
DigiMax
Funds Confirmed for Cayman Islands, Bluesky Releases Q2 Financial Summary, and
Graph Blockchain Reports Financials for Fiscal Year
Point Roberts, WA, Delta BC September 1,
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: (CSE:DIGI) (CSE:BTC)
(CSE:GBLC)
DigiMax Global Inc. (CSE:DIGI) has received confirmation from the Cayman
Islands Monetary Authority (CIMA) to operate one or more segregated funds domiciled
in the Cayman Islands. According to the press release, the fund provides “a
fully systematic long/short active investment into a basket of
cryptocurrencies,” and leverages the company’s AI-powered “CryptoHawk
prediction engine, to continuously spot relevant patterns, make decisions and
generate accurate price trend change predictions.” DigiMax CEO Chris Carl
commented:
"Given
the results we have seen from CryptoHawk since it was introduced on June 1,
2021, we believe this Crypto Hedge Fund will provide a perfect solution for
large investors, family offices and institutions who want to have crypto
holdings in their own portfolios. Many of these investors have stayed away from
investing in cryptocurrencies due to their high volatility. This Fund provides
the perfect solution to this quandary by capturing profits from the high
volatility in both up and down momentum markets and returning a more steady,
non-volatile monthly return to investors."
Bluesky Digital Assets Corp. (CSE:BTC) has released a summary of its unaudited Q2,
2021 Interim Financial Statements for the three and six months ended June 30,
2021. Highlights include a 280 percent increase in the company’s total
available cash from $455,610 CAD to $1,734,215 CAD. CEO Ben Gelfand said:
"In
Q2 the Corporation achieved a 20% increase in Gross Revenue over Q1 totals
despite the volatility and decrease in the valuation of crypto currencies that
occurred in May and in June of this year. With the stabilization and increases
in the values of both Ether and Bitcoin and steady deployment of new mining assets
Management, reasonably based on the current trend, expects that the Gross
Revenues in Q3 will supersede Q2's totals. For the second half of fiscal 2021,
the Management team will continue expansion efforts for the Corporation's
Digital Assets Mining operations as well as continuing business diversification
efforts with our ongoing research and development."
Graph Blockchain Inc. (CSE:GBLC) has reported its financial statements for the
year ending April 30, 2021. During the fiscal year, the company announced new
management, acquired Babbage Mining Corp. and Beyond the Moon Inc., and
art-focused NFT firm New World Inc. Graph’s CEO, Paul Haber, said:
"Despite
the challenges of the global pandemic, fiscal 2021 was a year of transition and
marked numerous milestones for Graph in building the team, raising funds, and
adding global companies to enable us to execute our strategic plan. We see
evidence of crypto and blockchain technologies moving significantly closer to
mass acceptance. Our product lineup especially, POS mining, non-fungible tokens
business, have positioned us to enable a company transformation across global
markets."
Sam
Mowers, Investorideas
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