Thursday, January 26, 2023

#CryptoCorner #Podcast 922: #Stocks discussed: (TSXV: $SATO.V) (TSXV: $FRNT.V) (TSXV: $BLOX.V)

 



 

 

#CryptoCorner #Podcast 922: #Stocks discussed: (TSXV: $SATO.V) (TSXV: $FRNT.V) (TSXV: $BLOX.V)

 

SATO Technologies Acquires 325 New BTC Miners, FRNT Financial Upgrades to OTCQB, and CryptoBlox to Acquire CryptoTherm

 

Vancouver, Kelowna, Delta, BC January 26, 2023 -  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.

 

Today’s podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/012623-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/01261SATO-FRNT-BLOX.asp

 

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Stocks discussed: (TSXV:SATO) (TSXV:FRNT) (TSXV:BLOX)

 

Bitcoin (BTC) mining company SATO Technologies Corp. (TSXV:SATO) has acquired 325 new generation Bitcoin miners, resulting in a 25.4 percent increase in self-mining power to start the year. This, according to the press release, follows the exercise of an option from the Host-Buy contract, and is part of the company’s strategy to reach 100 percent self-mining as quickly as possible. Romain Nouzareth, CEO of SATO, commented:

 

"Now is the ideal time to invest in Bitcoin mining hardware. By utilizing hydro-power, a highly sustainable energy source, and assembling a team dedicated to maximizing efficiency, we are well-positioned to achieve our goal of self-mining at a competitive cost as we continue to create long-term value for SATO shareholders.”

 

Digital asset-focused institutional capital markets and advisory platform FRNT Financial Inc. (TSXV:FRNT) has announced that its common shares have now been upgraded from the OTC Pink to the OTCQB Venture Market (OTCQB) under the symbol "FRFLF." The company’s CEO and Co-Founder, Stéphane Ouellette, said:

 

“We are very pleased to continue to expand the regions and currencies in which FRNT is listed, facilitating a greater diversification of its shareholder base. Our business is global and we believe it's important we have an investor-base that reflects that.”

 

CryptoBlox Technologies Inc. (TSXV:BLOX) has entered into an arm’s length definitive share purchase agreement to acquire digital mining infrastructure firm CryptoTherm Manufacturing Inc. CryptoTherm “specializes in designing and building liquid-cooled data centers and advanced heat recapture products,” which facilitate maximum efficiency and cost-effectiveness. Austin Bank, CEO of CryptoTherm, said:

 

“I am thrilled with this agreement with CryptoBlox. This acquisition will allow us to join forces and leverage our complementary strengths to achieve even greater success. I am confident that together, we will be able to explore new opportunities and unlock the full potential of our combined expertise and resources. I am excited for the future possibilities that this acquisition brings and look forward to working with the talented team at CryptoBlox to drive innovation and growth in the digital currency industry.”

 

Sam Mowers, Investorideas

 

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

 

Podcast sponsor

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

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