#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $HUT) (NasdaqCM: $MIGI) (OTC: $BLQC)

 

 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $HUT) (NasdaqCM: $MIGI) (OTC: $BLQC)

 

Hut 8 Opens Voting for Proposed Business Combination with USBTC, Mawson Posts July Update, and BlockQuarry Completes Audit and Application to OTCQB

 

Vancouver, Kelowna, Delta, BC August 23, 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).

 

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https://www.investorideas.com/Audio/Podcasts/2023/082323-CryptoMarket.mp3

 

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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:MIGI) (OTC:BLQC)

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced that voting is now open on its proposed business combination with U.S. Data Mining Group, Inc., dba US Bitcoin Corp (USBTC). The combined company will be named Hut 8 Corp. (New Hut) and will be a U.S.-domiciled entity. According to the press release, New Hut is expected to be “a large scale, publicly traded Bitcoin (BTC) miner focused on economical mining, highly diversified revenue streams, and industry leading environmental, social, and governance (ESG) practices.”

 

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has reported its unaudited business and operational update for July 2023. Highlights include a Total Revenue Equivalent in BTC Increase of 23 percent month over month, total operational capacity of about 96 Megawatts as of July 31, and the capacity to support approximately 27,636 miners. Rahul Mewawalla, CEO and President, said:

 

"During July, we continued to optimize our self-mining capabilities and throughput by enhancing our operational structure along with increased emphasis on our hardware management and miner management software analysis and enhancements. Our uptime and miner performance has been robust despite the increased summer temperatures. Interest from potential hosting customers has also been positive given our sites being strategically located in the desirable PJM power market. Operational focus, information systems, competitive power, strategically located sites, and Mawson’s capabilities to adapt to market dynamics are amongst the Company’s growing competitive advantages."

 

BlockQuarry Corp. (OTC:BLQC) has announced the completion of the 2022 annual audit and submission of its application to the OTCQB with the OTC Markets. The company’s President and Chair, Alonzo Pierce, explained:

 

“Focusing on growing our Company has been the priority for us here over the last few years. Increasing revenue, decreasing liabilities and improving overall shareholder equity is the main focus. There has definitely been some turbulence the last few months, but we feel we are at the point of turning the ship around for good. I am extremely grateful to the shareholders and investors for their patience in this process as we look at a new chapter for BlockQuarry.”

 

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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