#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $MSTR) (NasdaqCM: $MIGI) (TSXV: $BNXA.V)

 

 

 

#CryptoCorner #Podcast: #Cryptocurrency #Stocks in the News: (NasdaqGS: $MSTR) (NasdaqCM: $MIGI) (TSXV: $BNXA.V)

 

MicroStrategy Buys 5,445 More BTC, Mawson Posts August Update, and Banxa Provides Business Update

 

September 25, 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/news/2023/crypto-corner/09251MSTR-MIGI-BNXA.asp

 

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Stocks discussed: (NasdaqGS:MSTR) (NasdaqCM:MIGI) (TSXV:BNXA)

 

Michael Saylor, the Co-Founder and Chairman of MicroStrategy Incorporated (NasdaqGS:MSTR), posted on X (formerly Twitter) announcing the company’s purchase of 5,445 Bitcoin (BTC). This move reinforces and further establishes MicroStrategy’s bullish position on Bitcoin. The full post reads:

 

MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per #bitcoin. As of 9/24/23 @MicroStrategy hodls 158,245 $BTC acquired for ~$4.68 billion at an average price of $29,582 per bitcoin. $MSTR

 

Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has posted an unaudited business and operational update for August 2023. Highlights include a self-mining Bitcoin production increase of 27 percent M/M to 88 BTC, and approximately $3.88 million in monthly revenue. The company’s President and CEO Rahul Mewawalla said:

 

“This robust performance demonstrates results from our enhanced focus on strengthening the operational excellence and performance of our self-mining platform and capabilities. In addition, we are pleased to see interest from several potential new co-location and hosting customers who are looking to benefit from Mawson’s operational capabilities, scalability, attractive power pricing, and our strategically located sites in the PJM markets.”

 

Banxa Holdings Inc. (TSXV:BNXA) has shared a business update. Highlights include an unaudited Total Transaction Volume (TTV) of $46.4 million USD, the integration of the company’s technology by non-custodial wallet Ledger for on-ramping services, and the integration of the company’s NFT Checkout and crypto payments infrastructure by Web3 gaming conglomerate Animoca Brands. Holger Arians, CEO of Banxa, said:

 

"Banxa is seeing continued success from many key business wins, highlighted by new blue-chip partners attracted to Banxa’s leading payments infrastructure. Looking ahead, we see long-term upward trajectory thanks to our local regulatory and compliance strategy that we have aggressively pursued over the last number of years in anticipation of this next stage of compliant Web3 growth.”

 

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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