Level Roberts, WA and Delta, BC – August 24, 2021 (Investorideas.com Newswire) Investorideas.com, a frontrunner in crypto and blockchain investing information brings you right now’s version of the Crypto Corner podcast and commentary on what’s driving cryptocurrency shares and the crypto market.
Take heed to right now’s Crypto Nook Podcast:
Crypto Nook Podcast 659: Shares mentioned: (NasdaqGS: MSTR) (NasdaqCM: RIOT) (TSX: GLXY) (CSE: BIGG)
Shares mentioned: (NasdaqGS:MSTR) (NasdaqCM:RIOT) (TSX:GLXY) (CSE:BIGG)
MicroStrategy has bought a further 3,907 bitcoins for ~$177 million in money at a mean value of ~$45,294 per #bitcoin. As of 8/23/21 we #hodl ~108,992 bitcoins acquired for ~$2.918 billion at a mean value of ~$26,769 per bitcoin.
Riot Blockchain, Inc. (NasdaqCM:RIOT) has reported its second quarter monetary outcomes for the three-months ended June 30, 2021. Highlights embody a rise in mining income by 1,540 % to a report $31.5 million – up from $1.9 million in Q2 2020, in addition to a report internet revenue of $19.3 million – up from a $10.6 million internet loss in Q2 2020. Jason Les, Riot’s CEO, commented:
“We’re extraordinarily happy with Riot’s report quarterly monetary outcomes. The Firm’s improved monetary outcomes are a direct results of Riot’s absolute give attention to Bitcoin mining and rising its mining operations. With the profitable acquisition of Whinstone US (“Whinstone”), the Firm’s development prospects have been considerably de-risked, and future monetary alternatives are very thrilling. As beforehand introduced, Riot is aggressively increasing its capability at Whinstone, which is predicted to offer the vital infrastructure essential to efficiently execute on driving continued development for the Firm.”
Galaxy Digital Holdings, Ltd. (TSX:GLXY) has announced that its Galaxy Fund Administration division has partnered with Alerian and S-Community International Indexes to launch the Alerian Galaxy International Blockchain Indexes and Alerian Galaxy International Cryptocurrency-Targeted Blockchain Indexes. Robert Hughes, Chief Business Officer of Alerian and S-Community International Indexes, defined:
“Index-based investing is repeatedly evolving and increasing into new asset lessons and exposures to help the ever-growing demand from traders. Galaxy Fund Administration was a pure companion as we sought to enter the decentralized finance area given Galaxy Digital’s business main historical past, deep connectivity, and unparalleled innovation delivering this new asset class to traders.”
BIGG Digital Property Inc. (CSE:BIGG) has reported its fiscal Q2 2021 monetary outcomes for the three and 6 months ended June 30, 2021. Highlights embody a gross income of $4.55 million ($4.16 million for on-line cryptocurrency brokerage Netcoins and $385,000 for Blockchain Intelligence Group). The corporate’s CEO, Mark Binns, stated:
“We’re more than happy with our Q2 outcomes – which replicate wonderful development throughout each Netcoins and BIG. Every firm grew income by 24% QoQ or higher, with margins remaining very robust. We additionally took benefit of the current Bitcoin value degradation, including to our holdings which now sit at 430.8 Bitcoin.”
Sam Mowers, Investorideas
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