The cryptocurrency sector has had a good time over the past months and in addition to investing in digital assets, people are also looking into stocks of companies that are involved in the sector. One such company is NSAV Holding (OTC: NSAV).
The digital asset technology and blockchain company has seen its stock soar by as high as 300% over the course of the past two weeks. Last Friday the company made a major announcement that could have a significant effect on its stock price.
Net Savings announced that it completed an amendment to the Articles of Incorporation. By way of that amendment, the company will no longer be able to go for a reverse stock split. It is a significant development for the company and it remains to be seen how the market reacts to this news today. Hence, it might be a good idea for investors to keep one eye on the Net Savings stock today.