Episode Transcript
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(00:00):
Welcome to today's edition of Cryptocorner atinvestor Ideas dot com, news on what's
driving the cryptocurrency market. Hello everyone, this is Sam Mowers here. Welcome
to the latest episode of the cryptoCorner podcast. For news today, micro
(00:20):
Strategy has purchased another five thousand,four hundred forty five bitcoin, and both
Moss and Infrastructure Group and Banks Holdingshave posted updates. But just before we
get into the show today, aquick reminder that if you enjoy this podcast
to please feel free to share itor leave us a review, And as
always, I recommend checking out someof the other podcasts on investor Ideas dot
(00:44):
com. This includes the Cannabis Podcast, the Cleantech and Climate Change Podcast,
along with many others, all ofwhich we'll bring you up to speed on
the latest stock news and trends intheir respective spaces. All right, So,
Michael Sailor, the co founder andchairman of MicroStrategy Incorporated, which trades
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on the NASDAC under the ticker MST, are posted on x formerly known as
Twitter, of course, announcing thecompany's purchase of five thousand, four hundred
forty five bitcoin. This move reinforcesand further establishes Microstrategy's bullish position on bitcoin.
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The full post reads quote MicroStrategy hasacquired an additional five thousand, four
hundred forty five bitcoin for one hundredforty seven point three million dollars at an
average price of twenty seven thousand,fifty three dollars per bitcoin. As of
September twenty fourth, MicroStrategy Hotels onehundred fifty eight thousand, two hundred forty
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five bitcoin acquired for four point sixeight billion dollars at an average price of
twenty nine thousand, five hundred eightytwo dollars per bitcoin. End quote.
Next up for today, Mawson InfrastructureGroup, Inc. Which trades on the
NASDAC under the ticker MIGI, hasposted an unaudited business and operational update for
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August twenty twenty three. Highlights includea self mining bitcoin production increase of twenty
seven percent month to month, twoeighty eight bitcoin and approximately three point eight
eight million dollars in monthly revenue.The company's president and CEO, rahul Metwawalla
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said, quote. This robust performancedemonstrates results from our enhanced focus on strengthening
the operational excellence and performance of ourself mining platform and capabilities. In addition,
we are pleased to see interest fromseveral potential new colocation and hosting customers
who are looking to benefit from Mawson'soperational capabilities, scalability, attractive power pricing,
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and are strategically located sites in thePGM markets. End quote. Lastly,
for today, Banks Holdings, Inc, which trades on the tsx V
under the ticker b NXA, hasshared a business update. Highlights include an
unaudited total transaction volume or TTV offorty six point four million USD, the
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integration of the company's technology by noncustodial wallet Ledger for on ramping services,
and the integration of the company's NFTcheckout and crypto payments infrastructure by Web three
gaming conglomerate Anamoca Brands. Holger Arians, the CEO of the company that's Banks,
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said, quote Banks that is seeingcontinued success for many key business wins,
highlighted by new blue chip partners attractedto Banks's leading payments infrastructure. Looking
ahead, we see long term upwardtrajectory thanks to our local regulatory and compliance
strategy that we have aggressively pursued overthe last number of years. In anticipation
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of this next stage of compliant Webthree growth. End quote that does it
for today's crypto quorum. If youwould like to be a guest or sponsored
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(04:55):
audio platforms available. This podcast wassponsored by Aptec Payments Corp. Aptec is
an innovative fintech company whose mission isto deliver a better way for businesses to
provide their customers with immersive commerce experiences. For more information, visit Apteccorp dot
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com. Aptec trades on the mazdacon the particular simle apc X