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Crypto Corner Podcast 655: Stocks discussed: (NasdaqGM: BITF) (OTC: ARBKF) (NasdaqCM: EQOS)

Bitfarms Reports Q2 Results, Argo Becomes Climate Positive in All Crypto Operations, and EQONEX Launches Institutional Crypto Lending Platform


Point Roberts, WA and Delta, BC - August 17, 2021 ( Newswire), 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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Crypto Corner Podcast 655: Stocks discussed: (NasdaqGM: BITF) (OTC: ARBKF) (NasdaqCM: EQOS)


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Stocks discussed: (NasdaqGM:BITF) (OTC:ARBKF) (NasdaqCM:EQOS)

Bitfarms Ltd. (NasdaqGM:BITF) has reported its financial results for the second quarter ended June 30, 2021. Highlights include revenues of $36.7 million, the mining of 759 Bitcoin (BTC), and the reception and installation of 3,461 miners during the quarter. The company's CEO, Emiliano Grodzki, said:

"The second quarter of 2021 was a pivotal one for our company. We made great progress towards our goal of becoming a global Bitcoin mining company and solidifying our position as a leader in the Bitcoin mining space. From the beginning of 2021 through the end of 2022, we expect to have increased our capacity eight- fold and have expanded our geographic resources throughout North and South America while continuing to pursue opportunities elsewhere. We've commenced trading on Nasdaq, built out our leadership team with additions and promotions in Canada, the US and South America, and capitalized on our infrastructure capabilities to build on our relationships and identify potential locations for expanding our geographic presence."

Argo Blockchain (OTC:ARBKF) has become Climate Positive - addressing and mitigating emissions to become carbon neutral - for Scope 1, 2, and 3 Greenhouse Gas (GHG) emissions associated with all of its respective crypto-related operations. The company's CEO, Peter Wall, commented:

"We are proud to be the first publicly traded cryptocurrency mining company to reach the Climate Positive milestone and remain laser-focused on encouraging other companies to join us - both inside and outside of the industry. Furthermore, we wanted to publicly issue our Climate Strategy in hopes of encouraging collaboration, input and dialogue among all companies on ways to create climate-positive environments."

EQONEX Group (NasdaqCM:EQOS), formerly Diginex Limited, has announced the launch of EQONEX Lending, its institutional crypto lending platform, following a licensing agreement with crypto lending platform Lendingblock. EQONEX CEO Richard Byworth explained:

"The crypto lending market is set to be one of the fastest growing segments of the industry in the coming months and years, as institutions look to manage their capital efficiently. Lendingblock's technology is proven to provide state of the art settlement, collateral management capabilities, and transparent pricing. EQONEX Lending will be the only platform that provides the ability to view the whole loan book, allowing clients to have the full flexibility to set their own financial terms."

Sam Mowers, Investorideas

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