Coin Citadel (CCTL) Rockets 150% in a Week: What Next

The massive interest in cryptocurrencies has also seeped into the capital markets and many related companies have seen their stocks soar in recent times.

One of those is Coin Citadel (OTCMKTS: CCTL), which continued to rally strongly on Wednesday and soared by as high as 45% to take its gains over the course of this week to 150%. While the gains have been strong and eye-catching, it is also important to point out that there has not been any material news about the company that could trigger such a rally.

Hence, it could be worthwhile to take a closer look at Coin Citadel’s business. The company is involved in the crypto mining space and is on the verge of diversifying its offering by offering data center solutions to its clients at highly competitive costs. On top of that, the company is also engaged in offering its solutions to well-known banks and financial services firms on Wall Street.