#CryptoCorner #Podcast 726: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqCM: $RIOT) (TSXV: $BNXA.V)




#CryptoCorner #Podcast 726: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqCM: $RIOT) (TSXV: $BNXA.V)


Marathon Expands Agreement with Compute North, Riot Blockchain Acquires ESS Metron, and Banxa Partners with Deribit


Point Roberts, WA, Delta BC December 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: (NasdaqCM:MARA) (NasdaqCM:RIOT) (TSXV:BNXA)


Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has expanded its agreement with Compute North to host more than 100,000 of Marathon’s previously purchased bitcoin (BTC) miners at multiple locations. Compute North, according to the press release, “will now be deploying Marathon’s bitcoin miners across the United States, focusing on wind and solar farms.” Fred Thiel, Marathon’s CEO, explained:


“By expanding our agreement with Compute North, we have secured access to top-tier, reliable hosting with renewable power, behind the meter, at industry low rates for the remainder of our previously purchased miners. As a result, we believe our mining operations will not only be among the largest in North America, but also among the most efficient and most environmentally friendly. Additionally, given that the primary energy provider is one of the largest generators of renewable energy from wind and solar in North America, we now have a clear path to continue expanding our mining operations with renewable power in the United States.”


Riot Blockchain, Inc. (NasdaqCM:RIOT) has announced that it has acquired Ferrie Franzmann Industries, LLC (d/b/a ESS Metron). ESS Metron is described as “a premier provider of highly-engineered electrical equipment solutions,” and is already a key supplier to Riot’s Whinstone facility. Jason Les, CEO of Riot, said:


“The successful acquisition of ESS Metron marks yet another milestone in establishing Riot as a leader in Bitcoin mining. Riot’s strategic position across the electrical supply chain is significantly enhanced as the Company will benefit from ESS Metron’s existing relationships with leading electrical suppliers globally. In addition, Riot will continue its fast-tracked expansion project as the Company benefits from internalizing ESS Metron’s engineering and industry expertise. We are thrilled to welcome the talented ESS Metron team to the Riot family and look forward to growing our future together.”


Banxa Holdings, Inc. (TSXV:BNXA) has partnered with institutional-grade Top 20 crypto derivatives platform Deribit. This will give the latter’s customers access to the Banxa Network, “with the broadest range of payment options using Banxa's secure, managed service.” Holger Arians, Banxa’s CEO, said:


"Our integration into Deribit's trading service allows us to give additional customers access to digital currency safely, giving a new and broader demographic of crypto traders access to quick, easy and compliant payment methods. As the industry continues to mature, Banxa's goal is to provide the best conversions for our Network and the best user experience to their customers."


Sam Mowers, Investorideas


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