Tuesday, April 26, 2022

#CryptoCorner #Podcast 823: #Stocks discussed: (NasdaqCM: $CLSK) (NasdaqGS: $TRIN) (OTC: $WONDF) (CSE: $DIGI.C)

 



 

 

#CryptoCorner #Podcast 823: #Stocks discussed: (NasdaqCM: $CLSK) (NasdaqGS: $TRIN) (OTC: $WONDF) (CSE: $DIGI.C)

 

CleanSpark Finalized $35M Financing from Trinity Capital, WonderFi Added to CoinShares Blockchain Global Equity Index, and DigiMax to Acquire Spetz Tech Ltd.

 

Vancouver, Kelowna, Delta, BC April 26, 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/2022/042622-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/04261CLSK-TRIN-WONDF-DIGI.asp

 

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Stocks discussed: (NasdaqCM:CLSK) (NasdaqGS:TRIN) (OTC:WONDF) (CSE:DIGI)

 

CleanSpark, Inc. (NasdaqCM:CLSK) has finalized $35 million in non-dilutive financing from venture debt financing provider Trinity Capital Inc. (NasdaqGS:TRIN). According to the press release, CleanSpark plans to “use the proceeds from the facility for growth capital expenditures.” Ryan Little, Managing Director of Equipment Financing at Trinity Capital, commented:

 

“We are excited to partner with the team at CleanSpark, which is on a mission to mine bitcoin [BTC] responsibly, using a mix of sustainable energy including nuclear, hydroelectric, solar, and wind. Cleanspark is an excellent addition to our portfolio and recently earned a spot among the top 50 fastest-growing companies on a Financial Times’ list. We look forward to being a part of their growth story.”

 

WonderFi Technologies Inc. (OTC:WONDF) has announced that it will be added to the CoinShares Blockchain Global Equity Index, effective May 9, 2022. Boasting over $900 million USD in assets, the CoinShares Index, according to the press release, “was designed to offer exposure to listed companies that participate or have the potential to participate in the blockchain or cryptocurrency ecosystem,” and “aims to capture the potential investment upside generated by earnings related to the adoption of blockchain technologies or cryptocurrency.”

 

DigiMax Global Inc. (CSE:DIGI) has signed a non-binding memorandum of understanding (MOU) to acquire all of the issued and outstanding shares of Israel-based Spetz Tech Ltd. Spetz Tech is described in the press release as “a technology company which has developed artificial intelligence ("AI") software to operate a revolutionary and fast-growing mobile application that connects members of the public to available, top-rated tradespeople, service providers and professionals in their area immediately or at any scheduled time.” DigiMax CEO, Chris Carl, commented on the news:

 

"We have spent a great deal of time with the Spetz team over the past few months and we have been impressed with the hard-working, single-purpose driven nature of the team despite already enjoying strong growth. We believe this makes a great fit with the DigiMax team. We are excited to be able to help accelerate the Spetz growth plans through the synergy with DigiMax resources in North America combined with the product and services that Spetz has already developed. Our view is that Spetz has the potential to scale its impressive existing revenue quickly with excellent profit margins."

 

Sam Mowers, Investorideas

 

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