Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 688: #Stocks discussed: (NasdaqCM: $RIOT) (TSXV: $DGHI.V) (TSXV: $BNXA.V)

Wednesday, October 06, 2021

#CryptoCorner #Podcast 688: #Stocks discussed: (NasdaqCM: $RIOT) (TSXV: $DGHI.V) (TSXV: $BNXA.V)

#CryptoCorner #Podcast 688: #Stocks discussed: (NasdaqCM: $RIOT) (TSXV: $DGHI.V) (TSXV: $BNXA.V)

Riot Blockchain Shares September Updates, Digihost to Consolidate Shares for Nasdaq Listing, and Banxa Hires for European Expansion

Point Roberts, WA, Delta BC October 6, 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/2021/100621-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10061RIOT-DGHI-BNXA.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqCM:RIOT) (TSXV:DGHI) (TSXV:BNXA)

Riot Blockchain, Inc. (NasdaqCM:RIOT) has shared its production and operations updates for the month of September. Highlights include the production of 406 bitcoins (BTC) – up about 346 percent as compared to September 2020, and the company boasts a deployed fleet of approximately 25,646 miners, with a hash rate capacity of 2.6 exahash per second. An excerpt from the press release looks ahead to the fourth quarter:

By Q4 2022, Riot anticipates a self-mining total hash rate capacity of 7.7 EH/s, assuming full deployment of approximately 81,150 Antminers acquired from Bitmain. Of this mining fleet, approximately 95% will be the latest generation S19 series model of miners. Upon full deployment, the Company’s total self-mining fleet is expected to utilize approximately 257 MW of energy, with approximately 206 MW deployed at Riot’s Whinstone Facility and approximately 51 MW currently deployed at Coinmint, LLC’s facility. In addition to the Company’s self-mining operations, Whinstone hosts approximately 200 MW of institutional Bitcoin mining clients.

Digihost Technology Inc. (TSXV:DGHI) has announced its intention to consolidate its outstanding subordinate voting shares and proportionate voting shares so as to facilitate a proposed listing of its subordinate voting shares on the Nasdaq Capital Market and satisfy the minimum share price requirement set by Nasdaq. CEO Michel Amar explained:

“A key aspect of our Company’s growth strategy is to provide our investors with greater liquidity through the listing of its shares on an internationally recognized stock exchange. Uplisting the Company’s shares from the OTC market to Nasdaq will also provide the Company with broader access to capital and institutional recognition. The Company’s current financial position presents the opportunity to accelerate the plan for meeting the listing requirements of the Nasdaq by consolidating the Company’s shares.”

Banxa Holdings Inc. (TSXV:BNXA) has announced the hiring of Jan Lorenc as the company’s Managing Director of Europe. Lorenc had previously worked for firms including JPMorgan and Wirex. In the latter, he “led European operations as Managing Director and Head of EEA Markets.” Holger Arians, CEO of Banxa, said:

"As we grow and expand globally, it is critical that we bring on experienced hires in each of our key markets. Jan represents a foundational piece for our EU expansion strategy. We are in the process of expanding our regulatory and compliance capabilities across a number of markets in the EU, and Jan will lead these efforts. Additionally, our EU workforce has grown from 4 people to close to 30, and having strong leadership and management practices in that region is a must. Jan is uniquely qualified to fill this role."

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 Apple Podcasts , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts 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.