#CryptoCorner #Podcast 700: #Stocks discussed: (NYSE: $WMT) (NasdaqCM: $MIGI) (CSE: $GBLC.C)
Walmart Starts Pilot for 200 Bitcoin ATMs, Mawson Infrastructure Purchases 4,000 Miners, and Graph Blockchain Announces Subsidiary’s 88% Profit
Point Roberts, WA, Delta BC October 22, 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/2021/102221-CryptoMarket.mp3
Read this in full at https://www.investorideas.com/news/2021/crypto-corner/10221WMT-MIGI-GBLC.asp
Get the Crypto Corner Podcast on iTunes
Get the Crypto corner on Spotify
Stocks discussed: (NYSE:WMT) (NasdaqCM:MIGI) (CSE:GBLC)
Bloomberg reports that retail giant Walmart (NYSE:WMT) has started a pilot program with coin-cashing machine company Coinstar – the latter of whom has partnered with cryptocurrency cash exchange Coinme – to install Bitcoin (BTC) ATMs in 200 of its U.S. stores. Following this pilot program, Coinstar plans to offer Bitcoin at more than 8,000 kiosks. Sam Doctor, chief strategy officer and head of research at BitOoda is quoted:
“Bitcoin ATMs have been around for a while, including in many supermarkets. Walmart expands Bitcoin access to more people, though, and gives it further legitimacy among skeptics, should they roll it out beyond an initial pilot.”
Mawson Infrastructure Group, Inc. (NasdaqCM:MIGI) has purchased 4,000 of the latest generation ASIC miners, including 2,000 MicroBT M30S and 2,000 Canaan Avalon A1166/1246 bitcoin miners which will be delivered and operational in Q4 2021. James Manning, CEO and Founder of Mawson, explained:
“With the scale up of our existing facility in Georgia this year well underway, combined with securing our new facility in Pennsylvania, our team has been able to focus on securing additional bitcoin mining hardware for deployment. This reflects our ‘infrastructure first’ approach to deployment where the Mawson team have been securing long duration, sustainable energy facilities. Our recent capital raising and transition to Nasdaq is expected to help support our growth and help us achieve our goal of being amongst the largest Nasdaq listed bitcoin miners in 2022/2023. This purchase of 4000 latest generation ASIC bitcoin miners moves us closer to our corporate target of 5EH online by early 2023. We look forward to updating stockholders on our US and Australian facilities in greater detail in due course."
Graph Blockchain Inc. (CSE:GBLC) has announced that its wholly owned subsidiary, Babbage Mining Corp., exited from its position in Cardano's native token ADA and “that it generated capital gains and yield of $703.7K or 88% in a 7 month period beginning on March 29, 2021.” Graph Blockhain’s CEO, Paul Haber, said:
"The company is extremely gratified with the growth we have made so far with the appreciation of our growing crypto portfolio. In the weeks and months ahead, we will continue to watch the basket of crypto assets in the portfolio as we further monetize our cash position and continuously innovate in the decentralized finance market."
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.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Join our Investor Club https://www.investorideas.com/membership/
Contact Investorideas.com
800-665-0411
Get more Bitcoin and Blockchain Investor ideas – news, articles, podcasts and stock directories
No comments:
Post a Comment