MetaWorks Platforms Expands Holdings into Renewable Energy: Company Secures 11% Equity Stake in Fog Dog Energy Solutions Amid AI and Blockchain Energy Surge
METAWORKS PLATFORMS INC (MWRK)
Company Research
Source: GlobeNewswire
Fairfield, CA., March 22, 2024 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. ("MetaWorks" or the "Company"), (OTCQB: MWRK), an award-winning company that owns, operates, and develops Web3, GreenTech and AI platforms and technologies for the education, finance, entertainment & technology space, today announced that it has exercised an option to acquire an 11% stake in Green Technology company Fog Dog Energy Solutions, Inc. Metaworks President Scott Gallagher commented on the news, “We are strong believers in the waste to energy conversion system created by the team at Fog Dog as evidenced by our more than $1.2 Million investment in the Company. The rise of technologies like AI, Blockchain and Web3 have caused a massive increase in energy needs to support these new emerging technologies.” According to the IEA (International Energy Agency), training a single AI model consumes more energy than 100 households use in a year. Gallagher went on to say, “We look forward to working with the
Show less
Read more
Impact Snapshot
Event Time:
MWRK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MWRK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MWRK alerts
High impacting METAWORKS PLATFORMS INC news events
Weekly update
A roundup of the hottest topics
MWRK
News
- MetaWorks Platforms, Inc. (OTCMKTS: MWRK) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- MetaWorks Platforms to Host Shareholder Update Conference Call April 18th at 4:15 PM EST.GlobeNewswire
- MetaWorks Platforms to Host Shareholder Update CallGlobeNewswire
- MetaWorks Platforms Signs Binding Letter of Intent to Acquire Exclusive Development Rights to Innovative Energy Conversion TechnologyGlobeNewswire
MWRK
Analyst Actions
- 4/19/24 - HC Wainwright
MWRK
Sec Filings
- 4/29/24 - Form SC
- 4/16/24 - Form 10-K
- 4/1/24 - Form NT
- MWRK's page on the SEC website