Investor Ideas, Trading Ideas and Stocks to Watch

Tuesday, April 13, 2021

#CryptoCorner #Podcast 568: #Stocks discussed: (NYSE: $JPM) (NYSE: $MA) (NYSE: $UBS) (TSXV: $NDA.V) (CSE: $LNK.C)

#CryptoCorner #Podcast 568: #Stocks discussed: (NYSE: $JPM) (NYSE: $MA) (NYSE: $UBS) (TSXV: $NDA.V) (CSE: $LNK.C)

#Bitcoin and #Ether Reach New All-Time Highs, ConsenSys Raises $65M with Major Investors, and Neptune Digital Assets Forms Clean Energy Mining Company as JV with Link Global

Point Roberts, WA, Delta BC April 13, 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/2021/041321-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/04131JPM-MA-UBS-NDA-LNK.asp

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NYSE:JPM) (NYSE:MA) (NYSE:UBS) (TSXV:NDA) (CSE:LNK)

Bitcoin (BTC) has surpassed its previous all-time high trading price and is trading for about $63,200 at press time, according to data from CoinMarketCap. Similarly, Ether (ETH) has set a new all-time high with a trading price of around $2,260, at press time. A report from CoinDesk posits that excitement surrounding the Nasdaq listing of the hugely popular crypto exchange Coinbase tomorrow may be contributing to the current crypto rally. eToro analyst Simon Peters is quoted in the CoinDesk report:

“The dynamics have changed quite dramatically this year. Demand is flooding the market from institutions just as large amounts of bitcoin and ethereum are increasingly being taken offline and holders are transferring them to their own wallets. There is only one outcome from that, and investors should expect higher highs and higher lows throughout the year.”

Blockchain software firm ConsenSys has raised $65 million in strategic investments from major financial institutions including JPMorgan Chase (NYSE:JPM), Mastercard (NYSE:MA), and UBS (NYSE:UBS), according to a press release today. The funding is intended to “accelerate the convergence of decentralized finance (DeFi) and Web3 applications on Ethereum with enterprise blockchain infrastructure.” Joseph Lubin, Founder of ConsenSys, Co-founder, Ethereum, explained:

“When we set out to raise a round, it was important to us to patiently construct a diverse cap table, consistent with our belief that similar to how the web developed, the whole economy would join the revolutionaries on a next generation protocol. ConsenSys’ software stack represents access to a new automated objective trust foundation enabled by decentralized protocols like Ethereum. We are proud to partner with preeminent financial firms alongside leading crypto companies to further converge the centralized and decentralized financial domains at this particularly exciting time of growth for ConsenSys and the entire industry.”

Neptune Digital Assets Corp. (TSXV:NDA) has incorporated a joint venture company with Link Global Technologies Inc. (CSE:LNK) called Pure Digital Power Corp., described in the press release as “a power and Bitcoin mining infrastructure company with an emphasis on clean sustainable energy.” Neptune’s President and CEO, Cale Moodie, said:

“We are extremely excited with our second foray into Bitcoin mining with Link, and an environmentally sustainably focused operation at that. We see the future of Bitcoin mining to be an environmentally sustainable one and this flagship operation is likely to be the first of many facilities to be developed using green sources.”

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 is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music 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.

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

#RareEarth #Mining #Stocks: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Prepares Additional High-Grade #REE Concentrate Samples For Evaluation By Leading Global Rare Earths Producers; @DefenseMetals

#RareEarth #Mining #Stocks: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Prepares Additional High-Grade #REE Concentrate Samples For Evaluation By Leading Global Rare Earths Producers; @DefenseMetals

Vancouver, British Columbia – April 13, 2021: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce that it has recently been notified by its Asian based advisor Golden Dragon Capital Limited ("GDC") that is has received requests from two leading global Rare Earth Element (REE) smelting and separator enterprises to provide samples of Wicheeda REE mineral concentrate for the purposes of evaluation prior to entering discussions with respect to the negotiation of an initial memorandum of understanding (MOU) and subsequent potential mineral concentrate offtake agreements.

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04131Defense-Metals-REE.asp

These requests represent the third and fourth REE concentrate evaluation requests received by the Company to date, and discussions are currently ongoing with several other parties.

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

Concentrate sample requests are significant given that these rare earth smelting and separator enterprises have previously executed capital investment, in addition to REE mineral concentrate product offtake MOU agreements, with multiple international third party REE miners and explorers.

Craig Taylor, CEO of Defense Metals, stated: “We have now received four requests for evaluation samples of our high-grade Wicheeda REE mineral concentrate from Asian-based REE refiners. Defense Metals believes this underscores growing international market demand for readily accessible, high-quality, North American REE products. Discussions with potential offtake partners have the potential to yield benefits through opportunities for direct project funding, technical services agreements, and access to the full downstream rare earths value chain.”

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to potential MOU and offtake agreements for REE mineral concentrate, potential transactions with REE processors, obtaining government export permits, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, expected demand for REE products, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure : this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) 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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

About Investorideas.com

https://www.investorideas.com/About/

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

RenewableEnergyStocks.com: investing ideas in renewable energy stocks - solar, wind, batteries and more - Environmental, social and governance (ESG) investing tools

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory Get News Alerts on Renewable Energy Stocks

MiningSectorStocks.com - investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory

[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

#Energy #Stocks in the News: Foothills Exploration Inc. (OTC: $FTXP) to Present at the Emerging Growth Conference on April 14, 2021; @Foothills_FTXP

#Energy #Stocks in the News: Foothills Exploration Inc. (OTC: $FTXP) to Present at the Emerging Growth Conference on April 14, 2021; @Foothills_FTXP

LOS ANGELES, April 13, 2021–(Investorideas.com newswire and Oilandgasstocknews.com) Breaking oil and gas stock news – Foothills Exploration, Inc. (OTC: FTXP), including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company, is pleased to announce that it has been invited to present at the Emerging Growth Conference on April 14, 2021. Foothills invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2021/energy/04131Foothills-Exploration-Emerging-Growth-Conference.asp

The next Emerging Growth Conference is presenting on April 14, 2021. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s Executive Vice President of Finance and Investor Relations Officer, Mr. Christopher C. Jarvis in real time. Mr. Jarvis will deliver the Company’s presentation and may subsequently open the floor for questions. Please ask your questions during the event and Mr. Jarvis will do his best to get through as many of them as possible.

Foothills will be presenting at 12:00 p.m. Eastern time on April 14^th for 20 minutes followed by 10 minutes for Q&A. Please register here to ensure you can attend the conference and receive any updates that are released. Below is the unique registration link:

https://goto.webcasts.com/starthere.jsp?ei=1451311&tp_key=5b36cea9ad&sti=ftxp

If attendees are unable to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and we will also release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services, and other major announcements to the investment community from the convenience of their office, in a time efficient manner. The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About the Company

Foothills Exploration, Inc. is an oil and gas exploration company focused on natural gas exploration and participating in the global energy transition. The Company’s principal asset located in the Wind River Basin, Wyoming, consists of approximately 16,000 acres of highly prospective development acreage. The Company's initiative is to generate high-impact exploration projects focused on natural gas. For additional information please visit the Company’s website at www.foothillspetro.com.

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure : this news release featuring FTXP is a paid for news release on Investorideas.com 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 Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

About Investorideas.com

https://www.investorideas.com/About/

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

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.

OilandGasStockNews.com- investing ideas in oil and gas stocks

Like Oil and Gas Stocks? View our Oil and Gas Stocks Directory Get News Alerts on Energy Stocks

#Bitcoin #Stocks Snapshot (OTCQB: $INTV) (NASDAQ: $RIOT) (NASDAQ: $MARA) (NASDAQ: $COIN); @IntVentures @RiotBlockchain @MarathonDH @coinbase

#Bitcoin #Stocks Snapshot (OTCQB: $INTV) (NASDAQ: $RIOT) (NASDAQ: $MARA) (NASDAQ: $COIN); @IntVentures @RiotBlockchain @MarathonDH @coinbase

Companies Bolster Mining Capabilities as #Cryptocurrencies Surge

Point Roberts WA, Delta, BC – April 13, 2021 - Investorideas.com, a leading investor news resource covering cryptocurrency and crypto mining stocks releases a special report on the current cryptocurrency boom. As Bitcoin, Ethereum and other digital currencies are gaining, public companies are investing heavier in crypto mining and realizing positive returns.

Read this article, featuring INTV in full at https://www.investorideas.com/news/2021/cryptocurrency/04131Bitcoin-Stocks.asp

Forbes reports, “With San Francisco-based bitcoin and cryptocurrency Coinbase eyeing a valuation that could top $90 billion when it lists on the tech-heavy Nasdaq on Wednesday April 14, the bitcoin and crypto market is braced for one of its biggest ever weeks.”

Integrated Ventures Inc., (OTCQB: INTV), a company with a focus on the cryptocurrency sector is betting on a further long-term upside and is in expansion mode. The Company recently confirmed it has partnered with Wattum Management and entered into a 12-month Sales and Purchase Agreement with Bitmain Technologies Limited to acquire 4,800 Antminer model S19J (100 Th) digital currency miners.

Bitmain is scheduled to manufacture and ship miners on a monthly basis, in 12 equal batches of 400 units, starting on August 2021 and thru July 2022. Partners agreed to purchase 4,800 units, on 50/50 basis, and to pay Bitmain approximately $34,047,600 (“Total Purchase Price” or “TPP”) (*).

In addition, Integrated Ventures has received (1) downside price protection and (2) right to replace S19JPro miners with new models, scheduled to be released in early 2022.

The TPP is payable as follows: (i) 25% of the TPP, upon the execution of the Sales Purchase Agreement or no later than April 19, 2021; (ii) 35% of the TPP, is due by May 30, 2021; and (iii) the remaining 40%, is due on monthly basis, starting on June 2021.

In addition to Bitmain order, the Company has purchased 150 WhatMiners, (“PO-2”), valued at $1,078,000. These miners will be installed in container facility, located in PA and managed by Wattum.

Steve Rubakh, CEO of Integrated Ventures, Inc. provided the following commentary: “The Company is very pleased to secure this large scale purchase agreement, especially during a period of scarce supply of mining hardware. Going forward, INTV is committed to deploy any raised capital for purchases of the mining equipment. This purchase effectively doubles INTV's hash rate and represents a major step in INTV's strategic growth plan, resulting in significant increase of the Company's projected revenue growth rate.”

He continued: “By the end of December 2021, at minimum, the Company will own and operate over 2,000 miners. Based on BTC pricing of $60,000, the projected and unaudited mining revenues for next 12 months, once all units are connected are expected to be in range of $19,000,000 and $21,000,000 million dollars.”

Riot Blockchain, Inc. (NASDAQ: RIOT), one of the leading Bitcoin mining companies in the United States, recently announced an operations update that includes an unaudited Bitcoin (“BTC“) production and an unaudited BTC holdings update, through March 2021.

Production and Operations Updates:

● In March 2021, Riot produced 187 BTC, an increase of 80% over its pre-halving March 2020 production of 104 BTC.

● In Q1 2021, the Company produced 491 BTC, an increase of 75% over its pre-halving Q1 2020 production of 281 BTC.

● As of March 31, 2021, Riot holds over 1,565 BTC on its balance sheet, all of which was produced by its mining operations.

● On April 6, 2021, the Company bolstered its management team, appointing Megan Brooks as Chief Operating Officer and welcoming Phil McPherson as Vice President, Capital Markets and Ryan Werner as Vice President, Finance.

● On April 8, 2021, Riot announced that it had signed a definitive agreement to acquire Whinstone US, Inc. (“Whinstone”), creating a US-based industry leader in Bitcoin mining.

On April 7, 2021, Riot announced a large-scale contract for the purchase of 42,000 S19j Antminers for $138.5 million from Bitmain Technologies Limited (“Bitmain”). This purchase represents a significant step forward in Riot’s strategic initiative to increase its Bitcoin mining hash rate, which is now estimated to reach approximately 5 exahash per second (EH/s) by the end of 2021, and 7.7 EH/s once fully deployed by the end of 2022. This level of growth represents a 93% increase over the Company’s previously estimated committed hash rate capacity of 4.0 EH/s by October 2021.

In connection with previously announced purchase orders with Bitmain in August 2020, 2,400 S19 Pro Antminers were shipped in late March and early April 2021, and are in the process of being received at Coinmint, LLC’s (“Coinmint”) facility in Massena, NY. Installation of these 2,400 miners is expected to be completed by late April, and upon deployment, Riot will have a total of 16,146 Antminers in operation utilizing approximately 51 megawatts (“MW”) of energy, with an estimated hash rate capacity of 1.6 EH/s.

Marathon Digital Holdings, Inc. (NASDAQ: MARA), one of the largest enterprise Bitcoin self-mining companies in North America, recently published their unaudited bitcoin (“BTC”) production and miner installation updates for the first quarter, ended March 31, 2021.

Some of the Preliminary First Quarter 2021 Highlights included:

● Produced 196 new minted bitcoins in the first quarter of 2021, increasing total bitcoin holdings to 5,134.2 with a fair market value of approximately $301.9 million as of March 31, 2021

● At March 31, 2021, cash on hand was approximately $212 million and total liquidity, defined as cash and bitcoin holdings, was approximately $513.9 million

● Received approximately 10,300 S-19 Pro ASIC miners from Bitmain during the first quarter of 2021

In the first quarter of 2021, Marathon’s mining fleet produced 196 newly minted bitcoins. By month, the Company’s bitcoin production was as follows:

● January 2021: 50.4 BTC

● February 2021: 43.4 BTC

● March 2021: 102.3 BTC

As a result, Marathon currently holds approximately 5,134.2 BTC, including the 4,812.66 BTC the Company purchased in January 2021 for an average price of $31,168 per BTC. On March 31, 2021, the fair market value of one bitcoin was approximately $58,800, implying that the approximate fair market value of Marathon’s current bitcoin holdings is $301.9 million.

As of March 31, 2021, Bitmain has delivered approximately 10,300 S-19 Pro ASIC miners to the Company’s mining facility in Hardin, MT, all of which were delivered on time and as scheduled. While Marathon continues to build out its Hardin, MT mining facility and install miners, adverse weather conditions in March created temporary installation headwinds. As a result, the Company’s active mining fleet at the end of the first quarter of 2021 consisted of approximately 6,800 miners, generating approximately 0.71 EH/s. New miners are being installed on a daily basis, and based on current delivery and installation schedules, Marathon continues to expect all previously purchased miners to be fully installed by the end of the first quarter of 2022.

All miners are currently expected to be installed and fully operational by March 31, 2022. At that time, Marathon’s total mining fleet will consist of 103,120 miners generating approximately 10.37 EH/s. Based on current schedules, Marathon’s hashrate is expected to scale as follows:

“Our business is in the midst of undergoing a substantial transformation,” said Merrick Okamoto, Marathon’s Chairman and CEO. “As our first quarter bitcoin production numbers indicate, we are clearly beginning to scale as new miners come online on a daily basis. In the first ten days of March, we had installed 3,000 miners at our Hardin facility before our installation schedule was impacted by adverse weather conditions. Fortunately, these delays were temporary. Bitmain’s shipments have continued to arrive as scheduled, and given our team’s ability to adapt to changing circumstances, we remain well positioned to continue building out our mining operations. At the start of 2021, our mining fleet consisted of 2,560 miners, generating 0.25 EH/s. By early 2022, our mining fleet will consist of 103,120 miners, generating 10.37 EH/s. That is a 4,081% increase in power in approximately one year.”

The current investor interest and momentum being generated around the cryptocurrency market is exemplified best through Coinbase (NASDAQ: COIN), one of the most popular regulated cryptocurrency exchanges and depositories which is expected to be valued at more than BP this week, and is on course to make history as the first major crypto company to go public, paving the way to legitimise an industry marred with distrust from regulators and traditional investors.

Coinbase is the largest cryptocurrency exchange in the United States and lists about 50 cryptocurrencies for trading and is due to list on the Nasdaq this Wednesday, April 14th with a valuation that could run in excess of $90bn (£66bn).

It was most recently valued at $91.5bn – higher than BP’s current market capitalisation of $84bn. However, that price tag is predicted to inch closer toward $100bn on Wednesday, possibly even beating that of Facebook which was valued at $104bn when it went public in 2012.

In the first three months of the year, Coinbase made $730m in profit on revenues of $1.8bn, bolstered by Bitcoin’s rise. The exchange lured 13m new users in the first three months of 2021. Brian Armstrong, Coinbase’s chief executive, says that the company has been profitable since 2017.

“A crypto company moving to IPO is a big milestone,” said Nick Jones, CEO and Co-founder at cryptocurrency wallet Zumo. “Its moves like this that make consumers feel safer with crypto and ultimately boost confidence in the space.”

As cryptocurrencies continue to gain mainstream popularity, are being utilized in more daily transactions from real estate to paying taxes, and as institutional investors invest heavier in the crypto market, the sector seems poised for aggressive growth over the next few years.

Research cryptocurrency and blockchain stocks with the Investor ideas free stock directory https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

Disclaimer/Disclosure:. 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. Disclosure: this news article featuring INTV is a paid for news release on Investorideas.com – party (fifteen hundred) 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

Contact Investorideas.com

800-665-0411

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on Investorideas.com

About Investorideas.com

About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

Disclaimer/disclosure

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