#CryptoCorner #Podcast 806: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqCM: $CLSK) (TSXV: $IMIN.V)
#CryptoCorner
#Podcast 806: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqCM: $CLSK) (TSXV: $IMIN.V)
Galaxy Digital Shares 2021
Financial Results, CleanSpark Signs Agreement with Lancium for Texas Mining
Operations, and iMining Subsidiary Enters Agreement for Metaverse Hospital
Foundation
Vancouver, Kelowna, Delta, BC March 31,
2022 - 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: (TSX:GLXY) (NasdaqCM:CLSK) (TSXV:IMIN)
Galaxy Digital Holdings Ltd. (TSX:GLXY) has shared its financial results for the year
ended December 31, 2021. Highlights include a net comprehensive income of $1.7
billion for the year – an increase of 345 percent over the previous year, and
Q4 assets under management (AUM) of $2.9 billion – representing a 256
percent increase over Q4 2020. Michael Novogratz, Founder and CEO of Galaxy
Digital, said:
"2021
was a transformational year for both Galaxy Digital and our industry. While
providing shareholders a net comprehensive income of $1.7 billion for the full
year 2021, we also grew headcount over 200% to support continued growth across
all our businesses.
We
remain committed to scaling our platform services, and building the pre-eminent
technology-driven financial services and investment management firm, a strategy
I firmly believe will continue enhancing long-term shareholder value."
CleanSpark, Inc. (NasdaqCM:CLSK) has signed an agreement with Houston-based firm
Lancium to secure 200 megawatts (MW) at the latter’s renewably-powered data
centers in West Texas, with an option to add 300 MW more in the future. Zach
Bradford, CEO of CleanSpark, commented:
“This
move is in keeping with our strategy of focusing on infrastructure first. We
continue to build more capacity at our own bitcoin mining facilities while we
partner with colocation service providers. This hybrid approach helps us ensure
that we always have rackspace ready to deploy new machines when they are
delivered to us by the manufacturers. Such speed and optionality is critical as
we scale our mining operations from megawatts to gigawatts in the coming
years.”
Metaverse Advisory Group,
a wholly-owned subsidiary of iMining Technologies Inc. (TSXV:IMIN), has entered into an agreement for a Metaverse
based property with the Glenrose Rehabilitation Hospital Foundation. This will
involve securing a building name, “design to build the property and produce
NFTs, wearables and an immersive NFT Gallery on behalf of the Glenrose
Foundation.” Khurram Shroff, CEO of iMining Technologies and Metaverse Advisory
Group, said:
"Manhattan
is evolving into one of the key downtown destinations in the Metaverse.
Recently, the Glenrose Rehabilitation Hospital Foundation announced it has
become the first healthcare foundation in Alberta to accept donations in
cryptocurrency. The momentum that is being generated through these kinds of
partnerships is evidence that the Metaverse and Web3 are changing how we use
these emerging technologies for healthcare."
Sam Mowers, Investorideas
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