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Crypto Corner Podcast 929: Stocks discussed: (NasdaqCM: HIVE) (NasdaqGS: HUT) (TSX: BTCQ)

HIVE Posts Q3 Earnings Results, Hut 8 Moves Toward Carbon Neutrality, and 3iQ Partners with BlockZero

 

Vancouver, Kelowna, Delta, BC - February 21, 2023 (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.

Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/022123-CryptoMarket.mp3

Crypto Corner Podcast 929: Stocks discussed: (NasdaqCM: HIVE) (NasdaqGS: HUT) (TSX: BTCQ)

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Stocks discussed: (NasdaqCM:HIVE) (NasdaqGS:HUT) (TSX:BTCQ)

HIVE Blockchain Technologies Ltd. (NasdaqCM:HIVE) has posted its earnings report for the third quarter ended December 31, 2022. Highlights for Q3 include a revenue of $14.3 million USD, the mining of 787 Bitcoin (BTC), and $3.62 million of income from mining operations. The company's Executive Chairman, Frank Holmes, said:

"We wish to again thank our loyal shareholders for believing in our vision to mine both Ethereum [ETH] and Bitcoin. We are sad to see the higher margin from mining Ethereum gone however our HPC strategy which has taken longer to roll out is now growing rapidly on a month over month basis. We are happy to share that our robust growth is scalable and could potentially increase 10x fold over the next year as the demand for our high quality chips due to the huge global demand for Ai projects like GPT CHAT, medical research, machine learning and rendering."

Hut 8 Mining Corp. (NasdaqGS:HUT) has announced that it has partnered with Sparta Group's carbon credit program established by their e-waste division, ERS International, to reduce their carbon footprint by reusing and recycling approximately 220 metric tonnes of electronic waste, earning approximately 5,200 metric tons of carbon dioxide equivalent serialized carbon credits. Arnold Lee, Director of ESG at Hut 8, explained:

"We chose to partner with ERS International because their innovative program allowed us to responsibly recycle obsolete miners while taking meaningful steps to achieve our carbon neutrality goals. This program allows Hut 8 to minimize the impact of electronic waste and divert CO2 from releasing into the atmosphere, while generating verified carbon credits approved by the Canadian Standards Association."

Digital asset investment fund 3iQ CoinShares Bitcoin ETF (TSX:BTCQ) has announced a strategic partnership with BlockZero Advisors (BlockZero), a leading management consulting firm specializing in blockchain and digital assets. This, according to the press release, "enhances 3iQ's recently launched Outsourced Crypto Investment Office (OCIO) program by incorporating BlockZero's expertise in delivering strategic digital asset education and advisory services to institutions across the globe." Louis LaValle, Managing Director of 3iQ, commented:

"To truly drive change in the world of digital assets, it is crucial to equip decision makers with the knowledge and resources they need. That's why we're thrilled to join forces with BlockZero Advisors, a leader in blockchain strategic advisory. Our partnership delivers a complete solution for institutions looking to manage their digital assets, providing business leaders and key stakeholders with the insight they need to make informed decisions about this dynamic new asset class."

Sam Mowers, Investorideas

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

Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

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We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea's original branded content includes the Crypto Corner Podcast, Play by Play Sports Podcast, Cannabis News and Stocks on the Move Podcast, Cleantech and Climate Change Podcast, Exploring Mining Podcast, Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

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