#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NYSE: $BLK) (NasdaqCM: $CLSK) (NYSE: $BKKT)

 

 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NYSE: $BLK) (NasdaqCM: $CLSK) (NYSE: $BKKT)

 

Bitcoin Rallies, CleanSpark to Acquire Two Turnkey BTC Mining Campuses, and Bakkt Releases Finding from Crypto Sentiment Study

 

Vancouver, Kelowna, Delta, BC June 21, 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).

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/062123-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/06211BLK-CLSK-BKKT.asp

 

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Stocks discussed: (NYSE:BLK) (NasdaqCM:CLSK) (NYSE:BKKT)

 

Bitcoin (BTC) is up a staggering 10 percent in the last 24 hours, trading for about $29,875 USD at press time according to data from CoinMarketCap. This is the highest Bitcoin has traded for since May 5 this year. An article from Cointelegraph attributes this rally to “growing institutional interest in Bitcoin shown by “companies like BlackRock (NYSE:BLK) and Fidelity Investments, both of which appear to be in the process of filing for a spot Bitcoin ETF.” The piece also goes on to cite the cooling US dollar index as a possible catalyst for the rally.

 

CleanSpark, Inc. (NasdaqCM:CLSK) has announced it has entered into definitive agreements to acquire two turnkey bitcoin mining campuses located in Dalton, Georgia, for a cash payment of $9.3 million. This transaction is expected to add just under 1 exahash per second (EH/s) to CleanSpark’s hashrate shortly after the deal is scheduled to close later this week. Zach Bradford, the company’s CEO, said:

 

“This acquisition ensures that we have more than enough infrastructure to reach our year-end target of 16 EH/s. It also continues to position us as one of the most power-efficient miners on an energy-per-hashrate basis. These two additional sites are testament to our deepening ties with rural communities in Georgia and the regional expertise we are developing there as a large, flexible load. Importantly, our efforts are generating economic growth for the suburban and rural areas where our operations are located.”

 

Bakkt Holdings, Inc. (NYSE:BKKT) has released findings from its "Bi-Annual U.S. Consumer Crypto Sentiment Study" which looks at over 2,000 U.S. consumers “who own crypto or are interested in crypto, examining their sentiments, adoption and usage, along with their concerns regarding crypto regulation and consumer protections.” The study finds that, notably, in spite of recent crypto market turmoil, overall purchase considerations hold steady for Crypto Owners at 84 percent, and 78 percent agree that “crypto is gaining popularity,” and “will be more regulated in the future.” Bakkt CEO Gavin Michael said:

 

"This study is a testament to continued interest in crypto and the role of regulatory clarity in catalyzing further adoption. Consumer concerns with security highlight the importance of working with a secure crypto company that prioritizes a regulatory-first and compliant approach."

 

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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