News

Crypto Corner Podcast 610: Stocks discussed: (NasdaqGS: $TSLA) (NasdaqGS: $MSTR) (CSE: $BTC.C)

Point Roberts, WA and Delta, BC – June 14, 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/2021/061421-CryptoMarket.mp3

Crypto Corner Podcast 610: Stocks discussed: (NasdaqGS: $TSLA) (NasdaqGS: $MSTR) (CSE: $BTC.C)

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:$TSLA) (NasdaqGS: $MSTR) (CSE:BTC)

Bitcoin (BTC) is off to a green start this week with growth around 14 percent in the last 24 hours, about the same amount it is up since last Monday, according to data from CoinMarketCap. Bitcoin is trading for roughly $40,850 at press time, which is the first time it has been above $40K since May 27th. This current rally was almost certainly, at least in part, a reaction to an Elon Musk tweet yesterday, clarifying Tesla’s (NasdaqGS:TSLA) future with regard to Bitcoin payments. In particular, Musk was responding to a tweet from Cointelegraph, which quoted Sygnia CEO Magda Wierzycka, referring to Musk, saying:

“What we have seen with Bitcoin is price manipulation by one very powerful and influential individual.”

Musk replied with:

This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.

The New York Post reports that San Francisco-based crypto exchange giant Coinbase (NasdaqGS:COIN) is setting up its first office in New York City. The company has “quietly subleased 30,000 square feet from Steven A. Cohen’s Point72 Asset Management at Related Co.’s 55 Hudson Yards,” – and area that “has been mostly known for corporate, media and law tenants,” according to sources.

MicroStrategy Incorporated (NasdaqGS:MSTR) has announced the closing of its previously announced offering of senior secured notes due 2028 for $500 million USD at an annual rate of 6.125 percent. The company estimates that net proceeds from the sale of the notes and the related guarantees will be around $488 million, an amount it intends to use to acquire additional bitcoin.

Bluesky Digital Assets Corp. (CSE:BTC) recently released a summary of its Unaudited Q1, 2021 Interim Financial Statements for the three months ended March 31, 2021. Key highlights include a Total Gross Revenues increase to $743,267 CDN in Q1, 2021 from Digital Assets Mining operations, up from $101,611 CDN in Q1, 2020, and making for a growth of 631 percent. However the company reports that losses increased to -$1,263,233 in Q1, 2021, from -$371,735 in Q1, 2020, an increase of 240 percent.

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 Play Music 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

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

Next Article:

0 %