Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Monday, November 15, 2021

#CryptoCorner #Podcast 716: #Stocks discussed: (NasdaqCM: $MARA) (TSX: $GLXY.TO) (TSXV: $CSTR.V)

 



 

 

#CryptoCorner #Podcast 716: #Stocks discussed: (NasdaqCM: $MARA) (TSX: $GLXY.TO) (TSXV: $CSTR.V)

 

Marathon Announces Proposed Convertible Senior Note Offering, Galaxy Digital Reports Financial Results, and CryptoStar to Acquire Neuro Digital

 

Point Roberts, WA, Delta BC November 15, 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/2021/111521-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/11151MARA-GLXY-CSTR.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqCM:MARA) (TSX:GLXY) (TSXV:CSTR)

 

Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has announced its intention to offer a $500,000,000 proposed convertible senior notes offering to qualified institutional buyers. The company also “expects to grant the initial purchasers of the notes an option, for settlement within a period of 13 days from, and including, the date the notes are first issued, to purchase up to an additional $75,000,000 principal amount of notes.” According to the press release, Marathon “intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin [BTC] or bitcoin mining machines.”

 

Galaxy Digital Holdings Ltd. (TSX:GLXY) has reported its financial results for the three and nine months ended September 30, 2021. Highlights from Q3 include a net comprehensive income of $517 million, an increase of 1,146 percent from the prior year period. Michael Novogratz, Founder and CEO of Galaxy Digital, said:

 

"As the cryptoeconomy continues to mature and adoption trends accelerate, driving both asset price increases and greater quantities of institutional capital into the space, I have never been more bullish about the future of our Company.

 

Our organic growth demonstrates our continued ability to capitalize on opportunities, with our net comprehensive income growing to $517 million from a net comprehensive income of $41.5 million in the prior year period. Year-to-date through November 12th, we have provided shareholders with approximately $1.6 billion in net comprehensive income, on the back of our strong operational and investing portfolio growth. We look forward to our U.S. listing and the close of our BitGo acquisition, which we now expect will occur in the first quarter 2022."

 

CryptoStar Corp. (TSXV:CSTR) has signed a letter of intent (LOI) to acquire 100 percent of the outstanding shares of Neuro Digital Inc. for $2.4 million CAD. The latter is described as “a data centre operator specializing in GPU mining, Decentralized Finance (DeFi) and AI solutions with an operational data centre located in Quebec, Canada.” According to the press release, “the additional 83,162 MH/s of Hashrate from Neuro Digital's GPU miners would add USD$199,448.78 (CAD$249,310.98) per month in self-mining revenue for” CryptoStar under current market conditions. CryptoStar President and CEO, David Jellins, said:

 

"We are delighted that Neuro Digital has agreed to the terms of the proposed Transaction, and more specifically, we are looking forward to incorporating the extremely talented team at Neuro Digital with a proven expertise in Ethereum (ETH) mining, AI solutions and DeFi. Furthermore, this acquisition will ensure our expansion of green operations in Quebec, Canada and is another step toward transitioning our operations to renewable sources."

 

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 Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  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

No comments:

Post a Comment

Cryptocurrency Stock News: HIVE Blockchain (TSX.V: HIVE) (OTCQX: HVBTF) Announces Closing of $115,023,000 Bought-Deal Private Placement Financing

Cryptocurrency Stock News: HIVE Blockchain (TSX.V: HIVE) (OTCQX: HVBTF) Announces Closing of $115,023,000 Bought-Deal Private Placement Fina...