Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 595: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $BITF.V) (TSXV: $DGHI.V) (TSXV: $IMIN.V)

Friday, May 21, 2021

#CryptoCorner #Podcast 595: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $BITF.V) (TSXV: $DGHI.V) (TSXV: $IMIN.V)

#CryptoCorner #Podcast 595: #Stocks discussed: (NasdaqGS: $COIN) (TSXV: $BITF.V) (TSXV: $DGHI.V) (TSXV: $IMIN.V)

Coinbase Discussing Acquisition of Osprey Funds, Bitfarms Closes Private Placement of $75M CAD, Digihost Reports Q1 Financial Results, and iMining to Launch Cardano Staking

Point Roberts, WA, Delta BC May 21, 2021 - 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.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/052121-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/05211COIN-BITF-DGHI-IMIN.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS: COIN) (TSXV: BITF) (TSXV: DGHI) (TSXV: IMIN)

CoinDesk reports that crypto exchange giant Coinbase (NasdaqGS: COIN) is currently in talks to acquire asset management firm Osprey Funds, according to people familiar with the matter. Osprey has a fund for Ethereum alternative Polkadot (DOT1), of which Coinbase is already the custodian, as well as a Bitcoin (BTC) fund. A source said:

“There’s clearly a desire for asset management from the perspective of Coinbase.”

Bitfarms Ltd. (TSXV:BITF) has closed its previously-announced private placement of equity securities for gross proceeds of approximately $75 million CAD. According to the press release, “net proceeds of the Offering will be used by the Company principally to acquire additional miners, expand infrastructure and improve its working capital position, in support of its plans to increase its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022.”

Growth-oriented blockchain technology company Digihost Technology Inc. (TSXV:DGHI) has reported the financial results for its first quarter ended March 31, 2021. Michel Amar, CEO of Digihost, commented:

“We are extremely pleased by the record financial results achieved by Digihost for the first quarter of 2021, reporting $5,910,974 of total comprehensive income for the period, an increase of 872% over the same period of last year. We are looking forward to building on these results through our commitment to expand our business in an environmentally and socially responsible way, thereby creating the momentum to continue our success during the remainder of 2021 and beyond.”

Amar went on to say:

“Our long-term vision and business strategy is to expand our operations and evolve as a leader in the blockchain technology sector. While cryptocurrency mining is one application of blockchain technology, the blockchain sector as a whole is a monumental leap forward in information transparency, security, and decentralization.”

iMining Blockchain and Cryptocurrency Inc. (TSXV:IMIN) has announced that it is set to launch a proprietary staking service for proof-of-stake blockchain platform Cardano (ADA). Khurram Shroff, Chairman of the board of directors for iMining, said:

"Cardano is an excellent way to earn passive 'ADA' income. As it expands its host of blockchain offerings, the Company's strategic emphasis on its 'HODL' strategy and its continuous focus on expanding and diversifying its business operations is expected to generate substantial shareholder value."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research , guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast , Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye Podcast.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.