#CryptoCorner #Podcast 738: #Stocks discussed: (NYSE: $BKKT) (NasdaqCM: $CLSK) (NasdaqCM: $FTFT)
#CryptoCorner
#Podcast 738: #Stocks discussed: (NYSE: $BKKT) (NasdaqCM: $CLSK) (NasdaqCM: $FTFT)
Bakkt Partners with
BringMeThat.com for Crypto Payments, CleanSpark Marks One-Year Anniversary of
BTC Mining, and Future FinTech Announces JV with APC Services Ltd.
Point Roberts, WA, Delta BC December 17,
2021 - Investorideas.com, a leader in
crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary
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Stocks
discussed: (NYSE:BKKT) (NasdaqCM:CLSK) (NasdaqCM:FTFT)
Bakkt Holdings, Inc. (NYSE:BKKT) has announced a partnership with food delivery
service BringMeThat.com. This will see Bakkt integrated as a payment option
within BringMeThat.com’s web and mobile experiences, “allowing customers to pay
with cash, participating points or crypto that they hold in the Bakkt App.”
Sheela Zemlin, Chief Revenue Officer at Bakkt, said:
"Our
partnership with BringMeThat.com is an exciting step as Bakkt diversifies its
offerings to dynamic sectors of the economy and opens the door for millions of
gig workers and consumers to leverage digital assets into their income and
payment methods. Bakkt’s partnership with BringMeThat.com will enable a number
of new ways to enjoy digital assets, whether using participating rewards points
to pay for food delivery or getting paid in bitcoin or Ethereum [ETH] on your delivery run as part of a rapidly
growing base of gig economy workers."
CleanSpark, Inc. (NasdaqCM:CLSK) has marked the one-year anniversary of its bitcoin
(BTC) mining operations. According to the press
release, “CleanSpark draws on its clean energy background to take an efficient
approach to Bitcoin’s high energy usage.” Rich Inman, the company’s vice
president of technology, explained:
"As
a company, CleanSpark has consistently been committed to increasing clean,
reliable, distributed energy into the world's electrical grids. Coupling our
expanding cryptocurrency mining operations with additional clean energy
resources both onsite and in the surrounding communities is integral to our
core values as stewards for the environment. With increasing energy crises, it
is more important now than ever to maximize efficiency and minimize the carbon
footprint of our operations.”
Future FinTech Group Inc.
(NasdaqCM:FTFT) has signed a Cooperation
Agreement with APC Service Ltd. to establish a joint venture in Ohio, to build a
cryptocurrency mining farm. The project’s first phase will aim for 50MW of
processing power, “which, if successful, could be expanded to a total project
size of 300MW.” Future FinTech’s CEO, Shanchun Huang, said:
"We
are actively planning and developing a global expansion strategy for our
cryptocurrency mining business. Our strategic plan for this business is to
develop cryptocurrency mining farms with relatively low start-up costs and
economical sustainable energy in different regions of the world, and accelerate
their deployment using our capabilities or through cooperation agreements with
very strong partners. We believe that our cooperation agreement with APC to
build a cryptocurrency farm in Ohio will be very positive for both
parties."
Sam Mowers, Investorideas
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