BitDigest January 14 · Issue #821

• Crypto’s latest recovery drives marketcap back above $1 trillion
• ECB President Lagarde wants bitcoin to be globally regulated to prevent money laundering
• Japan’s financial watchdog does not define XRP as a security

Weekly Stock Review

Highlights from the North American listed crypto, blockchain and mining stocks:

• Canadian digital exchange Voyager Digital (CSE: VYGR) was the best performing stock this week returning 41.7%.
• Hut 8 Mining (TSX: HUT) completed a C$77.5M private placement of shares and warrants
• Marathon Patent Group (NASDAQ: MARA) priced 12.5M-share secondary sale at $20/share
• Galaxy Digital Holdings (TSX: GLXY) reported asset undr management (AUM) of C$815.2M 
• Diginex (NASDAQ: EQUS) announced a $38.60M private placement to further invest in and accelerate the roll-out of its digital asset ecosystem. The Singapore based exchange also launched of Bitcoin perpetual futures contracts
• BitDIgital (NASDAQ: BTBT was this week’s worst performer returning negative 26.7%. The bitcoin miner and car rental company entered into an $80M private equity line facility and will have the right to sell up to $80M of ordinary shares to a single investor
• Bitcoin’s 1.7% 7-day return outperformed the market compared to the equity mean return of -1.9% and median of -8.3%.

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem