In recent times, the continued rally in the biggest cryptocurrencies has also resulted in a lot of interest in stocks of companies that are involved in the sector. One such stock is that of Nsav Holding Inc (OTC: NSAV).
The stock has gained considerable momentum in recent days and on Thursday it broke out handsomely. The Net Savings stock rallied by as big as 24% on the back of high trading volumes and it now remains to be seen if the Net Savings stock can continue to rise on Friday.
The rally in the stock could be related to an announcement from the cryptocurrency, digital assets technology, and blockchain company with regards to an announcement on March 15. The company had announced at the time that it acquired a majority stake of 25% in SBCDF Investment Inc. SBCDF is all set to launch its own token named STUX and that makes the latest acquisition an intriguing one for investors.