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Crypto Corner Podcast 665: Stocks discussed: (CSE: DIGI) (CSE: BTC) (CSE: GBLC)

DigiMax Funds Confirmed for Cayman Islands, Bluesky Releases Q2 Financial Summary, and Graph Blockchain Reports Financials for Fiscal Year

 

Point Roberts, WA and Delta, BC - September 1, 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.

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https://www.investorideas.com/Audio/Podcasts/2021/090121-CryptoMarket.mp3

Crypto Corner Podcast 665: Stocks discussed: (CSE: DIGI) (CSE: BTC) (CSE: GBLC)

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Stocks discussed: (CSE:DIGI) (CSE:BTC) (CSE:GBLC)

DigiMax Global Inc. (CSE:DIGI) has received confirmation from the Cayman Islands Monetary Authority (CIMA) to operate one or more segregated funds domiciled in the Cayman Islands. According to the press release, the fund provides "a fully systematic long/short active investment into a basket of cryptocurrencies," and leverages the company's AI-powered "CryptoHawk prediction engine, to continuously spot relevant patterns, make decisions and generate accurate price trend change predictions." DigiMax CEO Chris Carl commented:

"Given the results we have seen from CryptoHawk since it was introduced on June 1, 2021, we believe this Crypto Hedge Fund will provide a perfect solution for large investors, family offices and institutions who want to have crypto holdings in their own portfolios. Many of these investors have stayed away from investing in cryptocurrencies due to their high volatility. This Fund provides the perfect solution to this quandary by capturing profits from the high volatility in both up and down momentum markets and returning a more steady, non-volatile monthly return to investors."

Bluesky Digital Assets Corp. (CSE:BTC) has released a summary of its unaudited Q2, 2021 Interim Financial Statements for the three and six months ended June 30, 2021. Highlights include a 280 percent increase in the company's total available cash from $455,610 CAD to $1,734,215 CAD. CEO Ben Gelfand said:

"In Q2 the Corporation achieved a 20% increase in Gross Revenue over Q1 totals despite the volatility and decrease in the valuation of crypto currencies that occurred in May and in June of this year. With the stabilization and increases in the values of both Ether and Bitcoin and steady deployment of new mining assets Management, reasonably based on the current trend, expects that the Gross Revenues in Q3 will supersede Q2's totals. For the second half of fiscal 2021, the Management team will continue expansion efforts for the Corporation's Digital Assets Mining operations as well as continuing business diversification efforts with our ongoing research and development."

Graph Blockchain Inc. (CSE:GBLC) has reported its financial statements for the year ending April 30, 2021. During the fiscal year, the company announced new management, acquired Babbage Mining Corp. and Beyond the Moon Inc., and art-focused NFT firm New World Inc. Graph's CEO, Paul Haber, said:

"Despite the challenges of the global pandemic, fiscal 2021 was a year of transition and marked numerous milestones for Graph in building the team, raising funds, and adding global companies to enable us to execute our strategic plan. We see evidence of crypto and blockchain technologies moving significantly closer to mass acceptance. Our product lineup especially, POS mining, non-fungible tokens business, have positioned us to enable a company transformation across global markets."

Sam Mowers, Investorideas

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