Point Roberts, WA and Delta, BC – August 16, 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.
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Crypto Corner Podcast 654: Stocks discussed: (NYSE: WMT) (TSX: GLXY) (CSE: LNK)
Crypto Corner Episode 654: Walmart Posts Crypto Job Listing, Galaxy Digital Shares Financial Results, and Link Global Finalizes Agreement with Mission World Group’s GSV Futures Inc.
Stocks discussed: (NYSE:WMT) (TSX:GLXY) (CSE:LNK)
Walmart (NYSE:WMT) has posted a job listing titled Digital Currency and Cryptocurrency Product Lead. Indicating that it “enables broad set of payment options for its customers,” the job description goes on to read:
As Digital Currency/ Cryptocurrency lead at Walmart you will be responsible for developing the Digital Currency strategy and product roadmap. As an expert in Digital Currencies/ Cryptocurrency and Blockchain related technologies, you will drive the vision for the product and capabilities roadmap. You will provide the leadership to identify technology and customer trends and the investments needed to build on those trends.
Galaxy Digital Holdings Ltd. (TSX:GLXY) has reported its financial results for the three and six months ended June 30, 2021. Highlights include a quarterly net comprehensive income decrease to a loss of $175.8 million, compared to a net comprehensive gain of $35.3 million in the prior year period. Michael Novogratz, Founder and CEO of Galaxy Digital, said:
“While the second quarter included significant volatility and macro-related headwinds to near-term results, our core operating activities including providing liquidity and execution services for clients and counterparties, and our strategic investment portfolio, delivered another quarter of rapid growth consistent with the pace of adoption of the crypto economy.”
Link Global Technologies Inc. (CSE:LNK) has finalized its strategic co-mining agreement with North American crypto mining company Mission World Group and its subsidiary GSV Futures Inc. This will see Link Global develop premises for GSV to operate roughly 3,000 Bitcoin (BTC)
mining units, and provide maintenance of the premises for a term of three years. Stephen Jenkins, President and CEO of Link, said:
“We are happy to have GSV co-developing and partnering with us to operate such a significant number of machines. This agreement is estimated to generate up to $5.75 million USD in cash and BTC annually to Link.”
Sam Mowers, Investorideas
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