Mr. Wonderful plans to invest in mining company stocks

Mr. Wonderful is interested in buying stocks of mining companies that are eco-friendly.

1/18/2022 11:59:00 AM

Mr. Wonderful is interested in buying stocks of mining companies that are eco-friendly.

Canadian entrepreneur Kevin O’Leary shared his thoughts on investing in mining companies.

) 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, the businessman notes that the funds will choose mining businesses that use sustainable energy. Due to

environment-related controversies, the eco-friendliness of mining operations is a crucial deciding factor for investors, according to the Canadian entrepreneur.The businessman also expressed his interest in opening his own mining operations. However, he explained that there are things that he is considering before this happens. He stated that aside from government approvals, the people who live in the community where the mining operations will take place must approve of the business.

Read more: Cointelegraph »

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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, the businessman notes that the funds will choose mining businesses that use sustainable energy. Due to environment-related controversies , the eco-friendliness of mining operations is a crucial deciding factor for investors, according to the Canadian entrepreneur. The businessman also expressed his interest in opening his own mining operations. However, he explained that there are things that he is considering before this happens. He stated that aside from government approvals, the people who live in the community where the mining operations will take place must approve of the business. Aside from these, the entrepreneur also explained that Bitcoin mining companies must be able to track their BTC earnings in company balance sheets. This enables investors to buy the mining company stock and own BTC through equity. O’Leary notes that he will be investing in BTC through this process. Related: