US-based Bit Digital Inc buys Bitcoin Bitcoin price has been on a rise and has crossed the US$12,000 mark
Market experts believe current FOMO as a major driver for the recent price rise though other financial giants are also entering the market Bit Digital Inc, a NASDAQ listed mining company in the US, has invested more than US$10 million in bitcoin, buying roughly 1,000 extra BTCs The Company has reported a significant rise in its profits for the first 2 quarters of 2020 in a press release Subsequently, Bit Digital Inc
bought 100 new high-performance MicroBT M21S Bitcoin miners in September Hence, the hash rate rose to 125 PH/s Align Technology (Nasdaq: ALGN) Revealed its Q3 Results; Stars in Favour for Align’s Growth Align Technology, Inc (Nasdaq: ALGN) announced its Q3 results for FY2020 ending 31 December 2020 and reported a 20
9% growth in its revenue to A$7341 million Y0Y Moreover, the Company also achieved its milestone of 9 millionth Invisalign patient Operating margin improved by 241%
Q3 Clear Aligner volume grew 287% to 4961 thousand cases YoY Q3 Clear Aligner cases for teenage patients rose 256% to 162
7 thousand cases YoY Q3 Imaging Systems and CAD/CAM Services revenues increased 245% to $1134 million The overall revenue momentum continue in October
It also received a positive feedback from Invisalign providers related to the benefits of digital orthodontics, beginning with iTero scanner for Invisalign therapy amid COVID-19 situation Jindalee Resources (ASX:JRL) Successfully Completes Entitlement Offer, Reports FY 2020 Developments Jindalee Resources (ASX:JRL) has announced the successful completion of its non-renounceable pro-rata entitlement offer, which closed on 16 October 2020 The Company has also released its Annual Report 2020, which incorporates an operational and financial review of its performance during the past fiscal year In FY 2020, Jindalee continued with the development of its McDermitt project by undertaking drilling and metallurgical test work The Company also expanded its ground position in the WA-based Widgiemooltha area and acquired additional projects in the Australian state during the year
JRL’s cash and marketable securities valued at ~$31 million as at 30 June 2020 Jindalee appears to be in a robust financial position to undertake its exploration endeavors and acquire further high-quality opportunities
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