Vancouver, Kelowna, Delta, BC – April 27, 2022 (Investorideas.com Newswire) 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.
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Crypto Corner Podcast 824: Stocks discussed: (NasdaqCM: RIOT) (OTC: SMURF) (CSE: HODL)
Stocks discussed: (NasdaqCM:RIOT) (OTC:SMURF) (CSE:HODL)
Riot Blockchain, Inc. (NasdaqCM:RIOT) has started a large-scale, 1 gigawatt development to expand its Bitcoin (BTC) mining and hosting capabilities in Navarro County, Texas. The company’s CEO, Jason Les, explained:
“Upon completion of the Expansion, Riot’s developed capacity will total 1.7 GW, establishing the Company among the largest Bitcoin mining operations globally. This Expansion is a testament to the Company’s demonstrated ability to build and deliver high-quality large-scale digital asset infrastructure for its Bitcoin mining operations and future hosted clients. Riot’s ability to source such a significant expansion opportunity in Texas exemplifies the Company’s partnership-driven approach with all stakeholders, including the Company’s business partners, ERCOT, and all levels of government, to commit to sustainable economic development.”
Metaverse Group, a subsidiary of Tokens.com Corp. (OTC:SMURF) has launched a new advisory services practice called Metaverse Advisors, which aims to provide virtual land brokering and consulting services for clients looking to on-ramp into virtual worlds. This, according to the press release, will include “software analytics and reporting tools for clients in evaluating virtual land investments, appraisals and visitor traffic information including the time spent within a virtual store or on a property.” Andrew Kiguel, the CEO of Tokens.com, said:
“These new tools will provide clients valuable information about how to execute their Metaverse strategy. Our team offers clients a full range of services from virtual store design, event planning, NFT creations and now, land acquisition consulting. We position brands and businesses with resources to succeed in the Metaverse.”
Cypherpunk Holdings Inc. (CSE:HODL) has announced an investment of $500,000 USD in the AB Digital Strategies Fund managed by UK FCA-regulated Isla Capital. This move, according to the press release, was done to “diversify the company’s treasury management away from passive storage.” Cypherpunk Holdings CEO, Jeff Gao, said:
“The time when publicly traded companies can get by as a vehicle for passively holding crypto is behind us. What will set Cypherpunk apart from the rest of the industry is our focus on surgically targeting pockets of excess returns and alpha opportunities in crypto markets and our focus on risk-adjusted returns as a metric for treasury management excellence.”
Sam Mowers, Investorideas
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