Thursday, June 10, 2021

#CryptoCorner #Podcast 608: #Stocks discussed: (TSXV: $BITF.V) (TSX: $HUT.TO) (NasdaqGS: $BTBT) (TSXV: $DGHI.V) (TSXV: $BNXA.V)

 



 

#CryptoCorner #Podcast 608: #Stocks discussed: (TSXV: $BITF.V) (TSX: $HUT.TO) (NasdaqGS: $BTBT) (TSXV: $DGHI.V) (TSXV: $BNXA.V)

 

Bitfarms Provides BTC Production Update, Hut 8 Common Shares Approved for #Nasdaq Listing, Bit Digital Enters Agreement with Digihost, and Banxa Reports May Transaction Value

 

Point Roberts, WA, Delta BC June 10, 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/2021/061021-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/06101BITF-HUT-BTBT-DGHI-BNXA.asp

 

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Stocks discussed: (TSXV:BITF) (TSX:HUT) (NasdaqGS:BTBT) (TSXV:DGHI) (TSXV:BNXA)

 

Bitfarms Ltd. (TSXV:BITF) has provided a Bitcoin (BTC) production update, indicating, for instance, that it has mined over 11,300 Bitcoin with 100 percent renewable hydropower in North America since its 2017 founding. CEO Emiliano Grodski said:

 

“Since our inception, we have worked at building an institutional grade and vertically-integrated mining company with high levels of Bitcoin production at minimal costs. This year Bitfarms is experiencing its fastest rate of growth ever, while benefiting from declining network hashrates due to developments in China. Due to the addition of new and more efficient miners to our fleet, we expect to more than double our installed hashrate from now until the end of the year.”

 

Hut 8 Mining Corp. (TSX:HUT) has announced that its common shares have been approved for listing on the Nasdaq Global Select Market under the ticker symbol "HUT". The company will meanwhile retain its listing on the Toronto Stock Exchange.

 

Bit Digital, Inc. (NasdaqGS:BTBT) has entered into a strategic co-mining agreement with Digihost Technology Inc. (TSXV:DGHI) that will see the latter provide certain premises to Bit Digital “for the purpose of the operation and storage of a 20 MW Bitcoin mining system.” According to the press release, this collaboration “is expected to generate an increase in hashrate of approximately 400 PH between the companies.” Digihost’s CEO, Michel Amar, said:

 

“We are extremely pleased by this strategic collaboration with Bit Digital which, based on current Bitcoin metrics, is expected to deliver significant results through the increase in hashrate of 400 PH between the two companies. Our business strategy continues to be growth through the expansion of our mining infrastructure, vertical integration of low-cost and green sources of energy, strategic partnerships with leading companies in the blockchain sector, and geographic diversification in North America to strategically operate our business in regions where minimal or no carbon footprint is generated.”

 

Banxa Holdings Inc. (TSXV:BNXA) has reported its transaction results for May 2021. The month saw the company post a record $127 million in transaction value, including a record day of $9 million. Banxa boasts over $25 million in cash and cash equivalents on its balance sheet, and a transaction value of $600 million for the 11 months ended May 31.

 

Sam Mowers, Investorideas

 

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#Cleantech #Stocks in the News- Solar Integrated Roofing (OTC: $SIRC) Closes Acquisition, Adding $1 Million per Week in Expected Near-Term, High-Margin Revenue; @SIRCStock

#Cleantech #Stocks in the News- Solar Integrated Roofing (OTC: $SIRC) Closes Acquisition, Adding $1 Million per Week in Expected Near-Term, High-Margin Revenue; @SIRCStock

 

EL CAJON, CA - June 10, 2021 - Solar/Battery stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the closing of its acquisition of  Future Home Power, a solar, roofing and battery storage sales company.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/06102SIRC-Acquisition-Solar-Battery.asp

 

Founded in late 2020 by Jason Newby, San Diego-based Future Home Power specializes in the sales of residential solar panels, roofing as well as battery storage – partnering with local installers, chiefly SIRC portfolio companies going forward, to finalize on-site installation. Future Home Power has earned a strong reputation for providing customers a smooth, simple process for solar panel and battery storage consultation and installation. The Company expects the acquisition to be immediately accretive and to rapidly grow to $1 million per week in incremental sales at a robust 45% gross margin profile, capturing value across the full customer lifecycle.

 

“The quick close of our acquisition of Future Home Power is timely for us, as they are on track to reach 60 sales representatives by the end of May with further growth planned after that point,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “The additional workforce and lead generation capabilities will allow us to rapidly scale the acquisition to an estimated $1 million plus per week of sustainable, incremental sales as early as next month – for example, Future Home Power drove $1.4 million in the last week of May alone and is likely to reach $2.0 million in weekly revenue in the near-term.

 

“The acquisition is expected to act as a major growth driver for our other subsidiaries for years to come, who can complete the on-site contracting work once the sale is complete, capturing the full lifecycle value of each customer. I look forward to working with Jason and his growing team - integrating them into our business development arm to further ramp project flow for the entire SIRC family of companies,” concluded Massey.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman
Senior Vice President
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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#Battery #Stocks in the News - Snapshot of Growth in the #ElectricVehicle Car Market - (TSXV: NBM.V) (OTC: NBMFF), (NASDAQ: TSLA), (NYSE: F), (NYSE: GM) @neo_battery @telsa @Ford @GM

#Battery #Stocks in the News -  Snapshot of Growth in the #ElectricVehicle Car Market - (TSXV: NBM.V) (OTC: NBMFF), (NASDAQ: TSLA), (NYSE: F), (NYSE: GM) @neo_battery @telsa @Ford @GM

 

Point Roberts WA, Delta, BC –June 10, 2021 - Investorideas.com, a leading investor news resource covering electric vehicle stocks releases a special report on the future EV market featuring NEO Battery Materials Ltd. (TSXV: NBM.V(OTC: NBMFF)a company that intends to become a silicon anode materials supplier to the electric vehicle industry.

 

Read this news, featuring NBM in full at https://www.investorideas.com/news/2021/renewable-energy/06101Electric-Vehicle-Battery.asp

 

The rapid growth the sector has experienced is expected to continue as governments push for a green auto industry but the EV market is one of both opportunity and challenges as it addresses certain limitations such as a lack of charging stations, battery efficiency and how this “green” industry hopes to deal with the mining demands created by EV production.

 

According to a report from MarketsandMarkets, “The global electric vehicle market size is projected to grow from 4,093 thousand units in 2021 to 34,756 thousand units by 2030, at a CAGR of 26.8%. Factors such as growing demand for low emission commuting and governments supporting long range, zero emission vehicles through subsidies & tax rebates have compelled the manufacturers to provide electric vehicles around the world. This has led to a growing demand for electric vehicles in the market. Countries around the world have set up targets for emission reductions according to their own capacity.”

 

NEO Battery Materials Ltd. (TSXV: NBM.V(OTC: NBMFF), a Vancouver-based junior resource company focused on addressing the battery issues for the sector , just issued news that NEO's silicon (Si) nanocoating technology successfully achieved an ultra-fast charging/discharging capability in a half-cell coin test.

 

From the news : In a newly conducted test through Dr. Jong Hyeok Park's Lab, this breakthrough result presents the potency of NEO's nanocoating technology through showing superior charging/discharging performance on small battery cells. NEO's nanocoated silicon anode allows for a safe full charge within 5 minutes, which demonstrates potential for scaling and implementation in larger cells such as those used in high power EV batteries.

 

Continued: Dr. Jong Hyeok Park commented, "Our unique, proprietary solution integrates silicon nanoparticles uniformly coated by a nanometer-thick elastomer - a highly elastic polymer - with superior affinity to liquid carbonate electrolytes, which substantially outperforms the rate-capability of conventional silicon anodes as shown below. For a performance test at a 12 C-rate, which represents a several minute operation of the cells, we can realize 5 minute-level ultra-fast charging/discharging without major capacity loss or safety concerns."

 

"Our test results evidence that the Company's devised concept is valid and viable for improving the rate-capability of silicon beyond the current state of the art, which cannot be attained by only utilizing conventional silicon-carbon (Si-C) nanocomposites. NEO's silicon anode enables better wettability of the electrolyte to the surface of Si nanoparticles, which can bring about a larger contact surface area to increase the lithium-ion current or movement to the anode. Our proprietary elastomer nanocoating layer with excellent affinity with polar solvents shows fast charging/discharging ability for high power electric vehicles," added Dr. Park.

 

 

Continued: Spencer Huh, President and CEO of NEO, commented, "We are proud and excited to announce NEO's 5-minute ultra-fast charging capability through our unique silicon nanocoating technology using an ion-conductive elastomer layer. We are on the mission to remove the bottleneck of EVs effectively and efficiently through improving the cell chemistry and performance of lithium-ion batteries through silicon anodes."

 

"We are currently well underway of developing a full-cell prototype. Our team of top South Korean battery experts will continue to refine our technology to deliver an innovative silicon anode material that is cost-effective, mass-producible, and commercially viable," added Spencer Huh.

 

Tesla Inc. (NASDAQ:TSLA) while potentially facing battery shortages in the future, did have a major success recently reported in the news as “a prototype Tesla Model S Plaid reportedly put down a quarter-mile time at Autoclub Famoso Raceway in California just a hair over nine seconds, breaking the record for quickest production car. The news comes from an unlikely source: Jay Leno, who was spotted at said Bakersfield raceway when the Tesla made its record attempt. In early June, Leno confirmed to the Spike’s Car Radio podcast that he indeed saw a Model S Plaid trip the lights in the rumored time.”

 

“I’ll tell you what I did. I went up to Famoso Dragway in Bakersfield. and the Tesla Plaid… I drove by, and the NHRA guy was there to make it official. It turned a 9.247, at 152 mph,” Leno said.

 

Major auto companies understand the need to be part of this future trend and Ford Motor Company’s (NYSE:F) stock surged as much as 7% to a six-year high after it reported May sales that showed a massive jump in electric vehicle sales.

 

The company's EV strategy appears to be paying off following the release of its Mustang Mach-E and unveiling of the F-150 Lightning pickup truck. May sales for the 117 year-old automaker jumped 4% year-over-year to 161,725 vehicles.

 

Ford's EV sales saw a 184% spike to 10,364 units in May, and signs are building that the company could be slowly taking market share away from Tesla.

 

Also creeping into the same space is General Motors Company (NYSE:GM), who are planning to launch 30 new electric vehicles globally by 2025. Many of these vehicles will be based on GM's modular Ultium platform, which will accommodate a wide range of vehicle types. The core of the platform is GM's Ultium battery technology.

 

Thanks to the Ultium platform, GM has managed to nearly cut its vehicle development time in half. This newfound nimbleness will help the company achieve its goal of delivering over 1 million electric vehicles by 2025. GM is aiming for the top -- the company expects to be the EV market leader in North America by that year.

 

GM is also looking at autonomous cars as mentioned in recent news, “Cruise is planning to test Chevrolet Bolt EVs, which are equipped with driverless technology. In a statement, the California Public Utilities Fee (CPUC) said that the Cruise can now offer passengers rides in prototype robotaxis.”

 

Majority-owned by General Motors Company, Cruise also has backing from SoftBank Group Corp, Microsoft Corporation, and Honda Motor Co Ltd. and is the first autonomous vehicle company in California to get such a permit from the CPUC.

 

As this industry continues to gain interest from both the private and public sectors we are starting to see more focus on the big picture for EV’s in achieving scalability. While there are some hurdles to face over the next few years, there will also be many new opportunities in solving issues such as charging station shortages, charging efficiency and the growing impact this industry places on the environment through mining for rare metals and materials.

 

Betting on the future, NEO Battery Materials Ltd. (TSXV: NBM.V(OTC: NBMFF) has staked new mining claims in Golden, BC, along a strike with a quartzite bed, targeting silica in the quartzites for a total of 467 hectares.

 

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Breaking #AI #Stock News: GBT (OTC: $GTCH) is Approved for System Award Management (SAM) Registration; #ArtificialIntelligence

Breaking #AI #Stock News: GBT (OTC: $GTCH) is Approved for System Award Management (SAM) Registration; #ArtificialIntelligence

 

Now eligible to conduct business with the US Government

 


SAN DIEGO, CA, June 10, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) received an activation noticed for its System for Award Management (SAM) registration #832011626/91FW3. The active status makes GBT eligible to conduct business with the US government contractors and/or sub-contractors. A SAM registration is required for entities to conduct business with federal government agencies, contractors/ sub-contractors, local cities or to receive federal funds.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/06101System-Award-Management-SAM.asp

 

The SAM (www.sam.gov) is a central registration system for government contractors and suppliers. GBT has filed an application with GSA (General Services Administration) to get approved to sell to the United States Government and SAM is one of the stages required. To become eligible to bid on a GSA schedule, it is required to complete several important steps, among them are registering in the government's SAM (System for Award Management). To remain eligible to do business with the federal government, an entity must renew its registration in SAM every year. GBT plans to continue exploring and pursuing all government business opportunities, offering its advanced technologies for a variety of domains, among them are military, security, tracking, IoT, communication and health. More information can be found on GSA web site at: Home (gsa.gov)

 

“We are glad to announce about receiving an active registration notice from SAM which means an approval to conduct business with the US government agencies, contractors and suppliers. GBT has extensive knowledge and experience in advanced technological arenas, among them IoT, tracking, health and Artificial Intelligence. We believe that our technologies can be very appealing for government contracts offering efficient solutions for military, global emergency response, national security, and intelligent image/video processing. We believe our products are situated  to provide global, intelligent telemedicine capabilities around the globe through the provision of health services to the most remote locations in the world. We are proud to be approved in the SAM system and will continue pursuing GSA approval, with the goal of offering essential technologies within government business”, said Mansour Khatib, the CEO of GBT Technologies Inc.

 

There is no guarantee that the Company will be successful in implementing this system.  In order to successfully implement this system, the Company will need to raise adequate capital to support its efforts and, if successfully obtained, developed and granted actual specific approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Mansour Khatib, CEO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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