Mr. Wonderful plans to invest in mining company stocks
Entrepreneur Kevin O’Leary expressed his interest in purchasing stocks of mining companies that use sustainable energy. Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to find ways to invest in Bitcoin (BTC) mining. According to the Shark Tank mogul, investors in the Middle East are looking into “sovereign mining operations.”O’Leary also predicts that in the next 2-3 years, sovereign funds may decide to invest in Bitcoin mining. However,....
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Keza, a New York-based startup, launched an iOS app that allows users to invest bitcoin in stocks and fixed incomes, according to Nasdaq. There are moderate, conservative and aggressive portfolios. The company has raised $357,000 and is backed by Digital Currency Group and Jason Calacanis of HOF Capital. The riskier the portfolio, the greater the exposure to volatile assets like foreign stocks. Once a user picks a portfolio, they can deposit bitcoin and track investments over time. There is a 1% maintenance fee, according to the Keza website. Stefan Britton and Simon Burns, company....
WonderFi plans to expand its operations in Canada by acquiring digital asset trading platform Coinberry after its recent Bitbuy acquisition. WonderFi Technologies, a decentralized finance (DeFi) platform, plans to continue its expansion in Canada by purchasing the Coinberry crypto exchange for $38 million. The platform will be the second regulated crypto exchange under WonderFi once the acquisition is finalized. The firm recently closed its acquisition of Bitbuy's parent company First Ledger Corp. for $162 million. In an interview, Kevin O’Leary mentioned that there will be “several more....
Who’s putting his money where his mouth is? Mr. Wonderful AKA Kevin O’Leary is. As one of the main proponents of the industry’s need for green bitcoin mining, Mr. Wonderful invested in Bitzero. And now they’re announcing that the company will build its North American headquarters in North Dakota. Why is this news? Because of the things they’ll do with the heat that the data center will produce. Heat is an unintended byproduct of bitcoin mining, and Bitzero Blockchain Inc. plans to use it to fuel the region’s food production throughout the year. The company will partner with MHA Nation’s....
Bitcoin mining stocks really gained prominence in 2021. Due to the increase in the price of the digital asset, mining profitability shot up, and investors used this as a way to gain exposure to the market. As the market has retraced, though, the mining stocks have struggled. However, they continue to be in operation, and […]