Investor Ideas, Trading Ideas and Stocks to Watch : #CryptoCorner #Podcast 782: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGM: $BITF)

Friday, February 25, 2022

#CryptoCorner #Podcast 782: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGM: $BITF)

#CryptoCorner #Podcast 782: #Stocks discussed: (NasdaqGS: $COIN) (NasdaqGM: $BITF)

Bitcoin Rallies Amid Ukraine-Russia Conflict, Coinbase Posts Q4 Financial Results, and Bitfarms Enters $32M Equipment Financing Agreement

Vancouver, Kelowna, Delta, BC February 25, 2022 - 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/2022/022522-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/02251COIN-BITF.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:COIN) (NasdaqGM:BITF)

Bitcoin (BTC) is trading for just over $39,200 at press time, having grown roughly 9 percent in the last 24 hours, according to data from CoinMarketCap. Cointelegraph reports that “Bitcoin (BTC) and altcoin trading volumes have surged at […] major Ukraine cryptocurrency exchange [Kuna] in the aftermath of Russia’s invasion,” and that it “almost tripled to over $4 million.” The crypto market could be positioned to see further growth if the Ukraine–Russia conflict instigates higher global commodity prices and a subsequent inflation of fiat currencies.

Coinbase (NasdaqGS:COIN) has posted its Q4 2021 financial results in a shareholder letter. Highlights include the generation of $2.5 billion of net revenue, $840 million of

net income, and $1.2 billion of Adjusted EBITDA. An excerpt from the letter reads:

Amid this extraordinary pace of development, Coinbase had a strong year as well. In

2021, millions of new users joined the cryptoeconomy through Coinbase; we generated

$7.4 billion in net revenue – including $2.5 billion in the fourth quarter; we became the

first publicly traded crypto asset trading platform; and we made substantial progress

in building a best-in-class infrastructure to enable easy, safe, and secure on-ramps

and access into the global cryptoeconomy.

Bitfarms Ltd. (NasdaqGM:BITF) has entered into a $32 million equipment financing agreement. Jeff Lucas, the company’s CFO, explained:

“This equipment financing agreement provides another source of non-dilutive capital, enabling us to finance equipment from our established mining operations so that we can invest growth capital into miner purchases and our new farms under construction. With bitcoin (BTC) miner purchases making up the majority of our capital needs, this $32 million equipment financing frees up working capital and supports our flexible and non-recourse financing options, which also include our recently announced $100 million BTC collateralized loan facility.”

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.