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Crypto Corner Podcast 817: Stocks discussed: (NYSE: AMC) (NasdaqGS: OPRA) (NasdaqCM: BTBT)

AMC Mobile App Accepts DOGE and SHIB, Opera Crypto Browser Gets New iOS Version, and Bit Digital Posts 2021 Financial Highlights

 

Vancouver, Kelowna, Delta, BC - April 18, 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/2022/041822-CryptoMarket.mp3

Crypto Corner Podcast 817: Stocks discussed: (NYSE: AMC) (NasdaqGS: OPRA) (NasdaqCM: BTBT)

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Stocks discussed: (NYSE:AMC) (NasdaqGS:OPRA) (NasdaqCM:BTBT)

AMC Entertainment Holdings, Inc. (NYSE:AMC), an American movie theatre chain, is now accepting new cryptocurrencies such as Dogecoin (DOGE) and Shibu Inu (SHIB) for payment on its mobile application services. This was announced in a tweet from the company's CEO Adam Aron, which reads:

Exactly as promised, the AMC mobile app for AMC's U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies - thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app.

Web browser firm Opera Limited (NasdaqGS:OPRA) has announced the iOS version of its Crypto Browser Project, which gives users "more direct, user-friendly access to Web3 services." The Crypto Browser, according to the press release, "is a dedicated web3 browser with a built-in non-custodial crypto wallet," and features a news and data aggregator "focused on live crypto information and updates, crypto asset prices and gas fees, as well as crypto events, airdrops, and even podcasts." Jorgen Arnesen, EVP Mobile at Opera, said:

"The interest in Web3 is continuing to grow. The Opera Crypto Browser Project was built to simplify the Web3 user experience that has often been bewildering for mainstream users. Opera believes Web3 has to be easy to use in order to reach its full potential and a mass adoption."

Bit Digital, Inc. (NasdaqCM:BTBT) has shared some of its financial results from the fiscal year ended December 31, 2021. Highlights include Bitcoin (BTC) mining revenue of $96.1 million, net income of $4.9 million, and total assets of $179.9 million. An excerpt from the management commentary section of the press release reads:

"During the year, we showed our differentiated access to procurement, securing miners both through the spot market and direct channels. Further, amidst a tight market for data center rack space, we secured a robust power pipeline to facilitate growth, with over 200 MW contracted - enough to roughly double our fleet size. We did this while continuing to demonstrate our commitment to sustainability.

Non-GAAP Income from Operations of $48.1 million increased nearly 900% year-on-year, illustrating the growth potential of our business. That this was achieved against the backdrop of fleet migration, with many miners offline, is especially powerful."

Sam Mowers, Investorideas

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

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