NSAV Resumes The Second Round Of Uptrend: What Next?

The cryptocurrency space is no longer about a few major digital assets. Nowadays, there are many companies that have entered the space in a big way and many of those are attracting the attention of investors.

One of those is Nsav Holding Inc (OTC: NSAV), a company that is involved in digital assets tech, blockchain, and cryptocurrencies. On Thursday, the Net Savings stock was on a remarkable rally and soared by as high as 52% as investors flocked to the stock. The rally could have been linked to an announcement from the company earlier on in the week. On Tuesday, Nsav Holding Inc announced that it completed signing off on the documents for the acquisition of VirtualBroker Ltd.

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VirtualBroker is a cryptocurrency trading platform based out of Switzerland and it is the latest in a line of equity acquisitions that have been made by Nsav Holding Inc. The acquisition has clearly excited investors and it remains to be seen if the stock can add to its gains today.

Michael Rowels

Weekend Contributor. Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.