#CryptoCorner #Podcast 731: #Stocks discussed: (NYSE: $V) (NasdaqGS: $ARBK) (NasdaqCM: $CLSK) (TSXV: $FORT.V)
Visa Launches Global Crypto Advisory Practice, Argo Posts November Operational Update, CleanSpark Reports BTC Production Figures, and Fortress Technologies Announces Name Change
Point Roberts, WA, Delta BC December 8, 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.
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Stocks discussed: (NYSE:V) (NasdaqGS:ARBK) (NasdaqCM:CLSK) (TSXV:FORT)
Visa (NYSE:V) has announced the launch of Visa’s Global Crypto Advisory Practice, described as “an offering within Visa Consulting & Analytics (VCA) designed to help clients and partners advance their own crypto journey.” Claudio Di Nella, Head, Visa Consulting & Analytics, Europe, said:
"We’ve seen a material shift in our clients’ mindset in the last year, from a desire to explore and experiment with crypto, to actually building a strategy and product roadmap.”
Antony Cahill, Deputy CEO, Visa, Europe, added:
"Crypto represents a technological shift for money movement and digital ownership. As consumers change their approach to investing, where they bank, and their views on the future of money, every financial institution will need a crypto strategy."
Argo Blockchain (NasdaqGS:ARBK) has provided an operational update for November 2021. The company mined 185 Bitcoin (BTC) or Bitcoin Equivalent, an increase from 167 BTC in October. Year-to-date, Argo has mined 1,831 BTC. Moreover, the company added an additional 310 PH/s to its capacity, making for a total mining capacity of 1.605 EH/s as of 30 November.
CleanSpark, Inc. (NasdaqCM:CLSK) has reported its unaudited bitcoin production and operations update for the year-to-date ending November 30, 2021. As of that date, the company produced 1,301 bitcoins, and deployed a “fleet of approximately 12,900 latest-generation bitcoin miners with a total hashrate of 1.3 EH/s.”
Fortress Technologies Inc. (TSXV:FORT) has announced that it will begin operating under the name “Cathedra Bitcoin Inc.,” and will subsequently start trading on the TSX Venture Exchange under the new ticker symbol "CBIT". CEO AJ Scalia said:
"The name ‘Cathedra Bitcoin’ reflects our aspirations for the Company, and for Bitcoin more broadly: a bold, ambitious, long-term project whose full realization we may not witness in our lifetimes, but which we choose to undertake nonetheless.”
Sam Mowers, Investorideas
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