#CryptoCorner #Podcast 743: #Stocks discussed: (NYSE: $RACE) (NYSE: $BTCM) (TSXV: $SATO.V)

 

 

 

#CryptoCorner #Podcast 743: #Stocks discussed: (NYSE: $RACE) (NYSE: $BTCM) (TSXV: $SATO.V)

 

Ferrari Partners with Velas, BIT Mining Limited Announces New Appointments, and CCU Signs LOI with Foundry Digital Allowing 700 Miner Purchase

 

Point Roberts, WA, Delta BC December 28, 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: (NYSE:RACE) (NYSE:BTCM) (TSXV:SATO)

 

Ferrari (NYSE:RACE) has announced that its racing division, Scuderia Ferrari, is partnering with Velas Network AG (VLX). This will allow for the creation of exclusive digital content for Scuderia's fans, and make Velas Title Sponsor of the Ferrari Esports Series. Mattia Binotto, General Manager and Team Principal, Scuderia Ferrari, said:

 

"We are pleased to start this collaboration with Velas Network AG, a company that makes innovation and performance the hallmark of technologically advanced products and services: these are all values that unite us and that led us to choose Velas as one of our Premium Partners."

 

Farhad Shagulyamov, CEO co-founder, Velas Network AG, said:

 

“Having built a next-generation blockchain that puts the emphasis both on sustainability and performance, it was natural to partner with another icon of excellence, which is Ferrari. Velas has introduced an innovative variety of pioneering technology into the blockchain and associated products, which will now be showcased at the pinnacle of motorsport.”

 

BIT Mining Limited (NYSE:BTCM) has announced the appointment of: Bo Yu, the company’s COO and general counsel, as the chairman of its board of directors, Qian Sun, an independent director of the company, as a member of each of the company's audit committee and its nominating and corporate governance committee, and Man San Vincent Law, an executive director of the company, as the chairman of its strategic planning committee and a member of its compensation committee, effective December 28, 2021.

 

Canada Computational Unlimited Corp. (TSXV:SATO) has signed a non-binding letter of intent with Foundry Digital LLC for a transaction allowing it to purchase 700 miners for its Center One facility. This addition would bring an equivalent of 65 PH/s to the facility. The firm’s CEO, Romain Nouzareth, said:

 

"This increment is the result of a collaborative effort from both parties and is the first of many that we have planned to reach our capacity of 600 PHs for Center One. This further proves that we are on a path to reaching our targets."

 

Sam Mowers, Investorideas

 

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