Investorideas.com

Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS




Share on StockTwits

Crypto Corner Podcast 769: Stocks discussed: (NasdaqGS: ARBK) (TSXV: BNXA) (NYSEAmerican: NILE)

Argo Blockchain Publishes January Operation Update, Banxa Sees 337% YOY Increase in Growth, and BitNile Shares Preliminary Unaudited Revenue Results

 

Vancouver, Kelowna, Delta, BC - February 7, 2022 (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/2022/020722-CryptoMarket.mp3

Crypto Corner Podcast 769: Stocks discussed: (NasdaqGS: ARBK) (TSXV: BNXA) (NYSEAmerican: NILE)

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS: ARBK) (TSXV: BNXA) (NYSEAmerican: NILE)

Argo Blockchain (NasdaqGS:ARBK) has published an operational update for January 2022. Highlights for the month include the mining of 172 Bitcoin (BTC) or Bitcoin Equivalent, and mining revenues of £5.26 million ($7.10 million USD). The company owns 2,748 Bitcoin (including 262 BTC equivalents) as of the end of January. Argo's CEO and Interim Chairman, Peter Wall, said:

"As our mining operations continue to develop and the completion date of Helios, our new mining facility, approaches, this month we have laid the foundations for executing our growth strategy for 2022 and achieving the objectives we have set for the Company in the year ahead."

Banxa Holdings Inc. (TSXV:BNXA) has announced a 337 percent increase in its Year on Year growth for December 2021, with a Total Transaction Value (TTV) of $131 million. The company also boasts having enlarged its partner ecosystem with 14 new partnerships signed in December, and the addition of 18 new coins to its service. Holger Arians, Banxa's CEO, said:

"With the market's lightspeed acceleration pushing the industry in new directions, looking for new opportunities in the market is critical. I'm thrilled to see Banxa's continued growth driven by our expert team. In 2021, we took our capacity and service levels to new heights while growing our partner network and available coins. We're excited to see the business's continued success in 2022."

BitNile Holdings, Inc. (NYSEAmerican:NILE) has shared its preliminary unaudited revenue results for 2021 as well as its revenue guidance for 2022. According to the press release, the company expects a "preliminary unaudited revenue of approximately $52 million for 2021," and a "revenue of approximately $155 million for 2022, which would represent a 197% increase from 2021 preliminary unaudited revenue." Milton "Todd" Ault, III, BitNile's Executive Chairman, said:

"BitNile expects to grow its Bitcoin mining operations through strategic procurement of power at its Michigan data center to support the additional Bitcoin mining equipment the Company plans to install in 2022. The Company is taking a dual-path strategy for power procurement, looking at the cost benefit analysis of increasing capacity in Michigan versus procuring power in a more advantageous geography. To this end, BitNile is exploring various tax friendly locales in addition to opportunities through alternative energy sources, including hydropower. The Company's projected Bitcoin mining revenue, presumes the installation of 20,600 Bitcoin miners by the end of 2022, a Bitcoin price of $41,500 and a mining difficulty level of 26.7 trillion."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea's original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.

The Crypto Corner is part of the Investor Ideas Membership content

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer

Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android

Contact Investorideas.com

800-665-0411


Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories