News

Crypto Corner Podcast 838: Stocks discussed: (NasdaqCM: ANY) (OTC: WONDF) (NEO: SMRT)

0

Vancouver, Kelowna, Delta, BC – May 20, 2022 (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/2022/052022-CryptoMarket.mp3

Crypto Corner Podcast 838: Stocks discussed: (NasdaqCM: ANY) (OTC: WONDF) (NEO: SMRT)

SHARE PODCAST:

Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Sphere 3D, WonderFi Technologies, and CoinSmart Financial Post Quarterly Updates

Stocks discussed: (NasdaqCM:ANY) (OTC:WONDF) (NEO:SMRT)

Sphere 3D Corp. (NasdaqCM:ANY) has reported its financial results, Bitcoin (BTC) mining operation results, and operational updates for the first quarter of FY 2022 ended March 31, 2022. Q1 highlights include a revenue of $1.4 million USD – up from $0.9 million in Q1 2021, and the production of 18.15 bitcoins. Patti Trompeter, the company’s CEO, said:

“Looking forward, our mining fleet will expand consistent with the amended delivery schedule below, and our production capacity will increase accordingly. We are working with Jefferies LLC, our financial adviser, to identify the most appropriate financing options to fund the expansion of our fleet, and we are exploring new growth areas in the cryptocurrency and blockchain industries.”

WonderFi Technologies Inc. (OTC:WONDF) has shared its second quarter 2022 financial results for the period ended March 31, 2022. Highlights include total assets of $598 million CAD at the quarter’s end, 750,000 Web3 users, and the acquisition of crypto platform Bitbuy on March 25, 2022. Ben Samaroo, CEO of WonderFi, said:

“WonderFi’s second quarter was marked by the transformative acquisition of Bitbuy, which immediately positions the company as one the leading regulated crypto exchange businesses in Canada. The signing of the definitive agreement to acquire Coinberry so soon after the closing of the Bitbuy transaction will further add to the company’s leadership position within the industry and we are excited for what the future holds as we integrate all of our businesses to continue our rapid user acquisition growth and explore ways to unlock cost synergy opportunities.”

CoinSmart Financial Inc. (NEO:SMRT) has announced its Q1 2022 financial results. Highlights for the quarter include gross revenue of $4.2 million, $113 million in over the counter trading volume, and the acquisition of over 33,700 new registered users. The company’s CEO Justin Hartzman said:

“Q1 2022 saw continued year over year growth during a quarter that experienced high volatility. I am extremely proud that our team was able to execute and continue growing our user base, ship new products and help the crypto curious enter the market. The decision to not only focus on the retail platform growth but to diversify over a number of business lines has helped our continued YoY growth against the headwinds of a poor macroeconomic environment. Q1 was highlighted by growth in Over the Counter Trading as we acquired new HNWI and institutional clients. We’re looking forward to further expansion in crypto payment products and geographies as we move into Q2 2022.”

Sam Mowers, Investorideas

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

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 Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts 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/ 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

Contact Investorideas.com

800-665-0411

: Wells Fargo held bogus interviews with minority candidates for jobs already filled: New York Times

Previous article

The Conversation: Baby-formula industry was primed for disaster long before key factory closed down

Next article

You may also like

Comments

Leave a reply

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

More in News