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Crypto Corner Podcast 679: Stocks discussed: (TSX: GLXY) (NYSE: IVZ) (OTC: MIGI) (NYSE: BTCM)

Point Roberts, WA and Delta, BC – September 22, 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.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/092221-CryptoMarket.mp3

Crypto Corner Podcast 679: Stocks discussed: (TSX: GLXY) (NYSE: IVZ) (OTC: MIGI) (NYSE: BTCM)

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Stocks discussed: (TSX::GLXY) (NYSE:IVZ) (OTC:MIGI) (NYSE:BTCM)

Galaxy Digital Holdings Ltd. (TSX:GLXY) has announced a strategic partnership with global asset management firm Invesco Ltd. (NYSE:IVZ) to develop a comprehensive suite of U.S.-listed, physically backed, digital asset exchange traded funds (ETFs). John Hoffman, Head of Americas, ETFs & Indexed Strategies at Invesco, said:

“Invesco has a long history of using ETFs to democratize investor access to disruptive, innovative asset classes. Now, through our partnership with market leader Galaxy Digital, we are able to incorporate their expertise of blockchain technology, digital assets and cryptocurrency into our product capabilities. This combination of complementary strengths will help clients safely and prudently navigate this exciting new asset class to help meet their desired investment outcomes.”

Mawson Infrastructure Group, Inc. (OTC:MIGI) has executed a three-year lease with Jewel Acquisition LLC for use of a small portion of the latter’s site and its associated power infrastructure in Midland, Pennsylvania, including renewal options for up to a total of 15 years. According to the press release, Mawson intends to deploy its Modular Data Centre (MDC) bitcoin mining solution to the site, which boasts a 50 MW capacity. James Manning, CEO and Founder of Mawson, commented:

We are very happy to have secured another large site in a market environment where large scale power infrastructure is becoming scarce. This opportunity brings a substantial already-installed power infrastructure, reducing our cost per MW and maximizing our speed to deploy. This site, combined with our flagship Georgia site, underpins our target of securing 5000 PH by early 2023.”

BIT Mining Ltd. (NYSE:BTCM) has entered into a Membership Interest Purchase Agreement with Viking Data Centers, LLC to “jointly invest in the development of a cryptocurrency mining data center space in Ohio” with access to power capacity of up to 85 MW. The development of this site is anticipated to be fully complete in February 2022.

Sam Mowers, Investorideas

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