Investors Weigh In On Bitcoin Stocks And Blockchain Technology; GLOBAL BLOCKCHAIN COM NPV (OTCMKTS:BLKCF), NVIDIA Corporation (NVDA), BTCS, Inc. (BTCS), Bitcoin Investment Trust (GBTC)

1
407
bitcoin stocks

It’s one of the most popular topics in finance this year, you see it and hear about it in the media almost everyday. The craze with bitcoin, blockchain technology & cryptocurrency has scrambled to the forefront and investors are starting to pay attention. We are still in the early stages of this groundbreaking technology though some companies have already started to capitalize on the opportunity; GLOBAL BLOCKCHAIN COM NPV (OTCMKTS:BLKCF), NVIDIA Corporation (NVDA) and BTCS, Inc. (BTCS)

GLOBAL BLOCKCHAIN COM NPV (OTCMKTS:BLKCF) is identified as an investment company that offers its investors access to a basket of holdings within the blockchain space. The company is run by a team of industry leaders, innovators and early adopters of all major cryptocurrencies.

Unlike other “bitcoin companies,” Global Blockchain Technology is gaining direct exposure to some of the biggest booms in crypto, to date, including the booming sub-sector of initial coin offerings or “ICOs.” They’re aiming to become the world’s first publicly traded company that invests in vertically integrated originators and managers of top tier blockchains and digital currencies.

Over the past 4 days, BLKCF has seen a price increase by 75.5{7b1a8a58d3ffe2d8e535e80e794d8bc0bf06a3ecc0c2050b83ca37784c6fddca}. Recent consolidation puts the stock roughly 21{7b1a8a58d3ffe2d8e535e80e794d8bc0bf06a3ecc0c2050b83ca37784c6fddca} away from these previous highs. But as volume continues to trend at an above average rate, this could be showing more opportunity for another rally in this bitcoin stock

NVIDIA Corporation (NVDA) is one of the largest manufacturers producing graphics processing units that crypto currency users take advantage of to speed up the network. Nvidia’s CEO Jen-Hsun Huang stated in their earnings call back in August, “crytptocurrencies are here to stay”, and he continued by saying, “The market need for it is going to grow, and over time it will become quite large. It is very clear that new currencies will come to market, and it’s very clear that the GPU is just fantastic at cryptography. Our strategy is to stay very, very close to the market. We understand its dynamics really well.”

(NVDA) price per share has advanced 99.97{7b1a8a58d3ffe2d8e535e80e794d8bc0bf06a3ecc0c2050b83ca37784c6fddca} from the start of the year. The stock saw lows on January 3rd of $99.38 to daily highs during Tuesday’s trading session of $198.74.

BTCS, Inc. (BTCS) is a company that focuses on blockchain technology, and was one of the first U.S. publicly trading companies to be involved with Digital Assets and the technology. This month the company has made two key announcements that the company had secured $1million in funding, and that they added experience to their advisory board.

“This financing represents a major milestone in the ongoing evolution of our Company,” stated Charles Allen, CEO of BTCS. “With the opportunity in the burgeoning blockchain space is still in its infancy, our planned merger with Blockchain Global Ltd. (“BGL”) positions us with a diversified business model that sets the stage for market leadership globally, and this financing represents a strong commitment to move forward.”

(BTCS) is currently trading between a price range of $0.13 and 0.15.

If there was ever a time that investors are starting to scramble to get a seat at the table, that time could be right now.  Furthermore, while others take on the volatility risk of the cryptocurrency market by investing in bitcoin directly, others are finding even more opportunity by grabbing low priced shares of companies in the space itself.

If bitcoin continues to make new highs, how long will it take before every investor has some kind of exposure to blockchain technology and cryptocurrency companies? The simple fact that there is still no clear cut ETF out there to offer investors broad exposure to the industry sparked by the first big run that bitcoin saw, opens the door for companies like GLOBAL BLOCKCHAIN COM NPV (OTCMKTS:BLKCF) or even Bitcoin Investment Trust (GBTC) to attract interest simply based on how the companies themselves take positions in multiple segments of the cryptocurrency and blockchain ecosystem.


Midam Ventures, LLC has been compensated $100,000.00 by a non affiliate third party for a period beginning October 20, 2017 and ending November 20, 2017 to publicly disseminate information about (BLKCF). We may buy or sell additional shares of (BLKCF) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.

1 COMMENT

  1. Hi Ravi…quick question: what is your sense as to BTCS selling off inspite of the fact that they successfully closed on the $1M funding and even raised an additional $100K and received the anti dilution waivers from their initial investors, essentially completing their half of the bargain for the merger? I would have thought this would be a positive catalyst yet the stock sold off 7{7b1a8a58d3ffe2d8e535e80e794d8bc0bf06a3ecc0c2050b83ca37784c6fddca} on the news. Do you have any sense why? Thank you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here