#CryptoCorner #Podcast 712: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $ARBK) (NasdaqCM: $SDIG) (TSXV: $IMIN.V)



#CryptoCorner #Podcast 712: #Stocks discussed: (NasdaqCM: $HIVE) (NasdaqGS: $ARBK) (NasdaqCM: $SDIG) (TSXV: $IMIN.V)


HIVE Announces Bought Deal Private Placement Financing, Argo Announces Proposed Public Offering, Stronghold Digital Acquires Panther Creek Energy Facility, and iMining Partners with GuildOne


Point Roberts, WA, Delta BC November 9, 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: (NasdaqCM:HIVE) (NasdaqGS:ARBK) (NasdaqCM:SDIG) (TSXV:IMIN)


HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has entered into an agreement with Stifel GMP for a $110,020,000 bought deal private placement financing to expand Bitcoin (BTC) production by an additional one exahash per second in the summer of 2022.


Argo Blockchain (NasdaqGS:ARBK) has filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (SEC) for a proposed public offering. Net proceeds from the offering will be put toward "general corporate purposes, the construction of, and purchase of mining machines for, its Texas cryptocurrency mining facility and potentially acquisitions of, or investments in, complementary businesses in the cryptocurrency and blockchain technology industries.”


Stronghold Digital Mining, Inc. (NasdaqGM:SDIG) has announced that it closed its acquisition of the Panther Creek Energy Facility in Pennsylvania on November 2. According to the press releases, the company is also growing “its Bitcoin mining capacity and recently entered into an agreement to acquire 12,000 S19j Pro miners from Bitmain, which are expected to be delivered in six equal batches on a monthly basis beginning in April 2022.” Greg Beard, co-chairman and CEO of Stronghold, said:


“We are pleased to close on our second power asset to grow our low-cost power supply for our Bitcoin mining operations. We believe we have a differentiated business model within the Bitcoin mining industry, as we not only have some of the lowest electricity costs, but our operations create a positive environmental outcome in the places we operate through the cleanup of these toxic legacy waste coal piles.”


iMining Technologies Inc. (TSXV:IMIN) has partnered with GuildOne Inc. to leverage the latter’s “advanced blockchain and tokenization technologies to support iMining's commitment towards net-zero carbon emissions in line with Government initiatives.” Khurram Shroff, Chairman of iMining, explained:


"iMining is committed to strong ESG values, and that includes reducing the emissions impact of our operations. Joining forces on this project with GuildOne supports both our net zero goals and our innovation in the Cardano ecosystem. We see many collaboration opportunities ahead and are on track to become net-negative emissions by next year."


Sam Mowers, Investorideas


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