#CryptoCorner #Podcast 827: #Stocks discussed: (NasdaqGM: $BITF) (CSE: $BIGG) (TSXV: $CBIT.V)

 

 

 

#CryptoCorner #Podcast 827: #Stocks discussed: (NasdaqGM: $BITF) (CSE: $BIGG) (TSXV: $CBIT.V)

 

Bitfarms Shares April Production and Mining Update, BIGG Digital Assets and Cathedra Bitcoin Announces 2021 Financial Results

 

Vancouver, Kelowna, Delta, BC May 2, 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/2022/050222-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05021BITF-BIGG-CBIT.asp

 

Get the Crypto Corner Podcast on iTunes

 

Get the Crypto corner on Spotify

 

Stocks discussed: (NasdaqGM:BITF) (CSE:BIGG) (TSXV:CBIT)

 

Bitfarms Ltd. (NasdaqGM:BITF) has posted its Bitcoin (BTC) production and mining operations update for the month of April 2022. Highlights include the mining of 405 new BTC – an increase of 75 percent over April 2021, a 3.3 EH/s hashrate capacity online, and 5,646 BTC in custody as of April 30, 2022. The company’s CEO, Emiliano Grodzki, explained:

 

“In early April, we surpassed our 3 exahash per second goal (EH/s) with the start of production at our Leger farm, our ninth operating facility. This momentum continued throughout the month, with new miner installations driving our hashrate to over 3.3 EH/s at month-end, up 22% from 2.7 EH/s at the end of March. This incremental capacity helped drive our average daily production in April to 13.5 BTC/day, up 15% from 11.7 BTC/day in March, and I’m proud to say we exited April running at over 14 BTC/day.”

 

“We continue to be on track to complete the build out of Leger in May, as well as the second phase of construction at The Bunker in June. These activities are intended to bring on incremental capacity of 32 MW and, in conjunction with ongoing miner installations, are expected to add approximately 640 petahash per second (PH/s) to our online hashrate.”

 

Bigg Digital Assets Inc. (CSE:BIGG) has reported its fiscal 2021 financial results. Highlights include a gross operating revenue of $14.1 million USD – up 461 percent Year-over-Year (YoY), and a balance of 575 BTC at the time of the press release. The company’s CEO, Mark Binns, commented:

 

“2021 was a transformational year for BIGG Digital Assets. Our top line revenue grew 461% to surpass $14M, with both Netcoins and Blockchain Intelligence Group showing excellent product market fit and revenue growth. We also took advantage of the recent Bitcoin price degradation, adding to our holdings throughout 2021, and into 2022, which now sit at over 575 Bitcoin in treasury.”

 

Cathedra Bitcoin Inc. (TSXV:CBIT) has announced its fourth quarter and full-year audited financial results for 2021. Some key highlights include a 660 percent YoY increase in total revenue to $7.8 million, and the mining of 120.2 BTC. AJ Scalia, CEO of Cathedra, said:

 

"2021 was a transformative year for Cathedra. We appointed a new leadership team that continues to grow; announced a new corporate mission focused on delivering sound money and abundant energy to humanity; introduced a new name and brand to reflect the new team’s long-term vision; and adopted a new strategy focused on vertical integration and a diversified approach to bitcoin mining. We will continue to build Cathedra Bitcoin into the category-defining business at the intersection of money and energy in 2022 and the decades to come.”

 

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