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Crypto Corner Podcast 683: Stocks discussed: (NasdaqGM: MIGG) (NasdaqCM: CLSK) (CSE: BIGG)

Mawson Prices $45M Public Offering and is Listed on Nasdaq, CleanSpark Transitions Mining Power to Foundry USA Pool, and BIG Partners with XinFin

 

Point Roberts, WA and Delta, BC - September 29, 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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Crypto Corner Podcast 683: Stocks discussed: (NasdaqGM: MIGG) (NasdaqCM: CLSK) (CSE: BIGG)

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Stocks discussed: (NasdaqGM:MIGG) (NasdaqCM:CLSK) (CSE:BIGG)

Mawson Infrastructure Group, Inc. (NasdaqGM:MIGG) yesterday announced the pricing of its previously announced underwritten public offering of 3,913,044 shares of common stock and 1,956,522 warrants to purchase up to 1,956,522 shares of its common stock "for total gross proceeds to the Company of approximately $45.0 million." The offer is expected to close "on or about October 1, 2021, subject to satisfaction of customary closing conditions," and common stock has today started trading on the Nasdaq.

CleanSpark, Inc. (NasdaqCM:CLSK) and Digital Currency Group (DCG) subsidiary Foundry Digital LLC have jointly announced that the former "has transitioned all of its bitcoin (BTC) mining power to Foundry USA Pool." Bernardo Schucman, senior vice president of mining for CleanSpark, explained:

"Mining pools historically have not been as transparent in the way they calculate their miners' earnings. Foundry USA Pool is an exception, however. Being an American mining pool with transparent and compliant methods, it provides all stakeholders with full disclosure of their earnings."

Zach Bradford, CleanSpark's CEO and President, said:

"Our relationship with Foundry is meaningful for our continued growth and productivity. We will continue to pool our hashrate with Foundry as more of our machines are deployed in the coming months because we share a commitment to empowering decentralized networks."

Blockchain Intelligence Group (BIG), a subsidiary of BIGG Digital Assets Inc. (CSE:BIGG), has partnered with XinFin, the developer of the enterprise-ready hybrid blockchain network, XDC. This XDC Network will be brought into BIG's compliance tech ecosystem, helping to enhance its "real-world legitimacy." BIG President Lance Morginn, said:

"Blockchain Intelligence Group and XinFin share the same values around real-world utility for blockchain, transparency and innovation. Blockchain Intelligence Group and XinFin both seek to build a secure future for enterprises looking to benefit from blockchain, crypto and tokenization adoption."

Sam Mowers, Investorideas

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