CLSK - Crypto Corner Podcast 749: BTCS RIOT CLSK

Point Roberts, WA and Delta, BC - January 6, 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.

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;Stocks discussed: (NasdaqCM:BTCS) (NasdaqCM:RIOT) (NasdaqCM:CLSK)

BTCS Inc. ( NasdaqCM:BTCS ) has announced the first-ever dividend payable in Bitcoin ( BTC ) by a Nasdaq-listed company, calling it the Bividend. In the press release, it is described simply as a dividend payable to shareholders of record at their election in either Bitcoin or cash. Charles Allen, the company's CEO, said:

"We want to reward our long-time shareholders for their continued support and encourage financial freedom by providing the means to enable direct ownership of Bitcoin and other digital assets. In the crypto space BTCS has a long history of firsts, including being the first pure-play U.S. public company focused on cryptocurrencies and blockchains, the first U.S. public company to mine Bitcoin, the first U.S. public company to implement a digital asset treasury strategy, and the first U.S. public company to secure next-generation proof-of-stake blockchains."

Riot Blockchain, Inc. ( NasdaqCM:RIOT ) has shared its production and operations update for December 2021. Highlights include the production of 425 BTC, up 334 percent over the same period in 2020. Jason Les, the CEO of Riot Blockchain, said:

"As a result of the Company's vertically-integrated strategy, Riot enters 2022 with a uniquely de-risked expansion plan, as the major components to succeed at an industrial-scale have been internalized. In addition to reducing execution risk, Riot's vertically-integrated strategy highlights the significant operational and financial benefits of its investments in engineering and technology, which is further demonstrated by the deployment of immersion-cooling technology at a significant industrial scale. In 2022, Riot plans to continue focusing on operational execution, which management believes will continue to highlight the Company's vertically-integrated business strategy and its position as a low-cost producer of Bitcoin."

CleanSpark, Inc. ( NasdaqCM:CLSK ) has released its unaudited bitcoin production and operations update for the calendar year-to-date ending December 31, 2021. Highlights include the production of 226 BTC for the month, and a currently deployed fleet of over 18,800 latest-generation bitcoin miners with a total hashrate of 1.9 EH/s. CEO Zach Bradford commented:

"I'm tremendously proud of our teams that worked throughout the busy holiday season to get machines racked and ready. As of today, we have added more than 550 PH/s of processing power in the three weeks since our December earnings call, and expect to reach our 2.0 EH/s milestone in the coming days."

Sam Mowers, Investorideas

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