Due to the massive spike in demand in cryptocurrencies and digital assets all over the world, investors are now actively looking to invest in companies that are involved in that space.
One of the stocks to have made a massive move in recent weeks is that of NSAV Holding Inc (OTC: NSAV). On Thursday, NSAV rallied strongly and went up by as big as 87% to continue its remarkable rally. Over the course of the past two weeks, it has gone up by as high as 650%.
One of the reasons for the continued rise in the stock may be related to the fact that NSAV made a key acquisition recently by way of an equity investment. Recently, the company announced that it completed the acquisition of the Swiss cryptocurrency trading platform named VirtualBroker Ltd. There is considerable interest in crypto trading now and the acquisition from NSAV has naturally excited investors. It might be a good idea to keep an eye on the stock over the coming days.
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.