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Crypto Corner Podcast 565: Stocks discussed: (NasdaqCM: $RIOT) (NasdaqGS: $EQOS) (CSE: $NC.C) (CSE: $GBLC.C)

Riot Blockchain Acquiring Whinstone, Diginex Begins Trading EQO Token, NetCents Sees Over $19M in Transaction Volume for March, and Graph Blockchain Deploys $500K into LINK

 

Point Roberts, WA and Delta, BC - April 8, 2021 (Investorideas.com Newswire) 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/2021/040821-CryptoMarket.mp3

Crypto Corner Podcast 565: Stocks discussed: (NasdaqCM: $RIOT) (NasdaqGS: $EQOS) (CSE: $NC.C) (CSE: $GBLC.C)

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Stocks discussed: (NasdaqCM:RIOT) (NasdaqGS:EQOS) (CSE:NC) (CSE:GBLC)

Riot Blockchain, Inc. (NasdaqCM:RIOT) has signed a definitive agreement to acquire Whinstone US, Inc. - including all of its assets and operations for $80 million cash plus a fixed 11.8 million shares of Riot common stock. Whinstone owns and operates North America's largest Bitcoin hosting facility, with 300 MW in developed capacity, which will bring Riot "into a market-leading position in the Bitcoin mining and hosting business," according to the press release. Jason Les, CEO of Riot, said:

"After the consummation of this transaction, we will have created a very clear path for the Company's future growth. Riot will wholly own the largest Bitcoin mining facility in North America, with very low power costs, and one of the most talented development teams in the industry. Whinstone will serve as the foundation of Riot's Bitcoin mining operations, upon which we will drive our goal of increasing the American footprint in the global Bitcoin mining landscape."

Diginex Limited (NasdaqGS:EQOS) has announced that EQUOS Origin (EQO) token officially began trading today "with traders receiving a share of over one million EQO tokens that have been issued to price-taker traders on the platform." Diginex CEO, Richard Byworth, said:

"It's extremely encouraging to see record-breaking volume on EQUOS, as traders realize the benefits of owning EQO. The EQUOS Origin token offers a great range of utilities and incentives for traders using the EQUOS platform, and we're very excited about how this will continue to spur the explosive growth we have been seeing."

NetCents Technology Inc. (CSE:NC) has processed over $19 million in transaction volume for the month of March, according to an announcement today. This represents an increase in trading volume by 172 percent over February, and 122 percent over January. Clayton Moore, Founder and CEO of NetCents, commented:

"Our 2021 momentum keeps building with another record month of transaction volume. For our team to continue achieving such significant month-over-month and year-over-year growth numbers is a testament to our ability to execute on our business plan and continued acquisition of merchants and partners and to drive long-term shareholder value."

Graph Blockchain Inc. (CSE:GBLC) has allocated $500,000, the final tranche of a previously-announced $2 million for the purchase of altcoins, to deploy into Chainlink's token LINK. Graph CEO Paul Haber said:

"We feel strongly that Link will appreciate in value given it has a substantial market cap of over USD $13B, a fixed supply, and is possibly the most important piece of infrastructure in the blockchain ecosystem. Graph understands firsthand how valuable bridging onchain and offchain data sources is to smart contracts and Chainlink is the best solution on the market."

Sam Mowers, Investorideas

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