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Tuesday, January 3, 2023

#CryptoCorner #Podcast 915: #Stocks discussed: (NasdaqCM: $RIOT) (NasdaqGM: $BITF) (NasdaqCM: $DGHI)

 



 

 

#CryptoCorner #Podcast 915: #Stocks discussed: (NasdaqCM: $RIOT) (NasdaqGM: $BITF) (NasdaqCM: $DGHI)

 

Riot Announces Rebrand of Corporate Name, and Bitfarms and Digihost Share 2022 Updates

 

Vancouver, Kelowna, Delta, BC January 3, 2023 -  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.

 

Today’s  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

 

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/010323-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/01031RIOT-BITF-DGHI.asp

 

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Stocks discussed: (NasdaqCM:RIOT) (NasdaqGM:BITF) (NasdaqCM:DGHI)

 

Riot Blockchain, Inc. (NasdaqCM:RIOT) has announced a rebranding of its corporate name to Riot Platforms, Inc. This decision, according to the press release, “reflects a renewal of its corporate vision to become the world’s leading Bitcoin [BTC]-driven infrastructure platform.” Jason Les, the company’s CEO, said:

 

"This is a significant milestone for Riot and comes as a result of our unique strategic position in the market. Our successful acquisitions of Whinstone U.S., which developed and operates North America’s largest dedicated Bitcoin mining data center facility, and ESS Metron, which enhanced our electrical component engineering and supply chain capabilities, have formed the foundation on which our teams have built, and will continue to develop, business platforms for further growth. The scope and scale of our businesses continues to expand, and this rebranding better reflects our position as strategic allocators of capital to increasingly broaden the scope of our Bitcoin-focused operations.”

 

Bitfarms Ltd. (NasdaqGM:BITF) has published a Bitcoin production and mining operations update for December 2022. Highlights include the mining of 496 BTC in December, and 5,167 BTC for the year – the latter representing an increase of about 50 percent over 2021. Geoff Morphy, the company’s CEO, said:

 

“In December, we energized the remaining portions of The Bunker and Garlock farms, executing our Canadian expansion plan two and one-half months ahead of schedule. Activating the full 96-megawatts (MW) in Sherbrooke, as well as completing Warehouse One in Rio Cuarto, and renegotiating miner contract commitments, we have positioned ourselves for strategic growth with minimal cash outlay in 2023.”

 

Digihost Technology, Inc. (NasdaqCM:DGHI) has shared its unaudited comparative BTC production results for the month, quarter and year ended December 31, 2022, as well as an operations update. The company mined 56.96 BTC in December, and approximately 832 BTC during the whole of 2022, beating 2021’s annual production result of 521 BTC by about 60 percent. According to the press release, Digihost is currently hashing at a rate of approximately 715 PH/s, through its self-mining operations and joint venture agreements.

 

Sam Mowers, Investorideas

 

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

 

Podcast sponsor: 


AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

 

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