#CryptoCorner #Podcast 803: #Stocks discussed: (NasdaqGM: $BITF) (TSXV: $DMGI.V) (NasdaqCM: $DGHI)

 

 

 

#CryptoCorner #Podcast 803: #Stocks discussed: (NasdaqGM: $BITF) (TSXV: $DMGI.V) (NasdaqCM: $DGHI)

 

Bitfarms, DMG Blockchain Solutions, and Digihost Technologies Share Financial Results

 

Vancouver, Kelowna, Delta, BC March 28, 2022 -  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/2022/032822-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/03281BITF-DMGI-DGHI.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGM:BITF) (TSXV:DMGI) (NasdaqCM:DGHI)

Bitfarms Ltd. (NasdaqGM:BITF) has reported its financial results for the quarter ended December 31, 2021. Highlights include the mining of 1,045 Bitcoin (BTC) for the quarter, 3,453 BTC for the year, and quarterly revenues of $60 million USD. Regarding plans for expansion in 2022, the company's President and COO Geoff Morphy said:

 

“As we develop our farms, we assess the cost effectiveness of our expansion on an ongoing basis. In Argentina, we are reviewing the short-term and long-term impact of higher global energy prices witnessed since the start of 2022 and our ability to utilize up to 210 megawatts (MW) of infrastructure capacity in 2022 at previously anticipated rates. Opportunities are being assessed continually in all of our current geographic regions to implement cost effective growth in light of market conditions.”

 

DMG Blockchain Solutions Inc. (TSXV:DMGI) has shared its Q1 2022 filings for the quarter ended December 31, 2021. Highlights include revenues of $14.2 million – an increase of 639 percent from the year prior, 432 BTC held as of December 31, 2021, and $119 million in total assets as of December 31, 2021. The company’s CEO, Sheldon Bennett, said:

 

“A tremendous amount of work has gone in by the entire team to reach these results. For the first time the Company is posting strong financial gains and we believe this will continue through many more quarters due to our large investment in new mining equipment. The whole team is focused on operational excellence for this new fleet of servers as well as working hard to launch several new software solutions throughout the year.”

 

Digihost Technology Inc. (NasdaqCM:DGHI) has announced its audited financial results for the year ended December 31, 2021, as well as an operations update. Highlights include fiscal year revenues of $24.95 million – up 602 percent over the year prior, and total assets of $80.03 million – up 384 percent from December 31, 2020. Michel Amar, the Chairman and CEO of Digihost, said:

 

“The record-breaking results achieved by our team clearly illustrate the growth trajectory of Digihost as measured by the significant improvement in 2021 operating performance relative to 2020. Digihost’s management team executed on the Board’s strategic growth plan through the acquisition of new high performance BTC miners, entering into strategic partnerships and securing access to clean and renewable sources of power consistent with Digihost’s stated objective of fostering environmentally and socially responsible growth. I am happy to report that the momentum generated in 2021 has continued into 2022 as we work towards meeting our goal of being a leading blockchain technology company.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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 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/ 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

 

Contact Investorideas.com

800-665-0411

 

 

 

Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories