#CryptoCorner #Podcast 730: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $BTBT) (TSXV: $BNXA.V)

 

 

#CryptoCorner #Podcast 730: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $BTBT) (TSXV: $BNXA.V)

 

Hut 8 Signs Agreement with Foundry Digital, Bit Digital Joins Bitcoin Mining Council, and Banxa Announces Record TTV for November

 

Point Roberts, WA, Delta BC December 7, 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/2021/120721-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/12071HUT-BTBT-BNXA.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:BTBT) (TSXV:BNXA)

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has signed an agreement with Foundry Digital LLC to purchase 2,505 MicroBT M30S machines that are currently installed at the former’s site in Medicine Hat, Alberta, Canada under a hosting arrangement between the two firms. Hut 8’s CEO Jaime Leverton said:

 

"We are excited to add incremental capacity stemming from the Foundry purchase to our self-mining operation, especially given the fact that the equipment is already on-site and hashing. The combination of the recently deployed NVIDIA CMPs and the MicroBT M30S miners from Foundry serves to enhance both the scale and efficiency of our self-mining operations and adds momentum to our machine installations. We value our ongoing strategic relationship with Foundry and will continue to explore new partnership opportunities with them going forward."

 

Bit Digital, Inc. (NasdaqCM:BTBT) has become a member of the Bitcoin Mining Council (BMC), described in the press release as “a voluntary and open forum of Bitcoin [BTC] mining companies and other companies in the Bitcoin industry committed to the Bitcoin network and its core principles.” The company’s CEO, Bryan Bullet, commented:

 

"We are thrilled to join the Bitcoin Mining Council and be part of its important mission to promote sustainable energy use and industry transparency. At Bit Digital we are dedicated to continuously enhancing the sustainability of our operations, and the larger bitcoin network. Joining the Bit Mining Council acts in furtherance of our commitment to sustainability."

 

Banxa Holdings Inc. (TSXV:BNXA) has announced that its November 2021 TTV (total transaction volume) results are the largest ever recorded. The company recorded $245 million AUD ($143 million USD) in TTV, representing a year-on-year increase of 642 percent for the month of November. Banxa’s CEO, Holger Arians, said:

 

"I am excited to see the result of the team's hard work over the past few months. We have increased our capacity and service levels to new heights. With a strong operational foundation, we are able to scale much more efficiently into the future. We firmly believe that we are still at the very beginning of our journey in this industry. We do see strong indicators for future growth on various fronts."

 

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