Bitcoin surge pushes BTCS inc. Crypto currency marketplace up and back onto the radar.
Bitcoin itself is a very volatile stock to own and yet in its wake, it has created a few huge gain opportunity stocks along it’s climbing up the charts. Some new investors in the crypto market have yet to realize that not so long ago, in 2009 Bitcoin was a 0$ stock. Those that have been paying attention have watched the last 10 amazing years of growth take it to over $56,000 as of today, and that’s exactly how multi-millionaires are made.
Considering the interest and optimism reflected in the market by our new generation of traders regarding Bitcoin and its future as the dominant currency, we can now safely assume that cryptocurrency-related companies are also going to reap the benefits of the bitcoin surge via providing currency exchanges, online bitcoin marketplaces, wallets and fee’s related, as well as through managing digital assets holdings for clients.
One company, in particular, that’s certainly showing signs of incredible growth potential is BTCS, a digital asset and blockchain technology company. BTCS is one of the first U.S. publicly traded companies that focused on digital assets and blockchain technologies. BTCS acquires Digital Assets to provide investors (indirect ownership) with Digital Assets that are not securities, such as bitcoin and ether.
As recently as 60 days ago BTCS Management announced Investing another $1.1 Million into the Company and that BTCS Reported a 1,327% Year-Over-Year Gain in Digital Assets.
New Update: NEWSWIRE March 11- BTCS Expands its Ethereum 2.0 Staking Operation to 200 Nodes
New Update: NEWSWIRE March 12- BTCS Interview to Air on Bloomberg TV in the US on the RedChip Money Report®
Take into consideration that in July 2010, In just five days, the price of Bitcoin grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin. By April 11, 2013 Bitcoin hit $266 at the top of a price rally, during which the value was growing by 5–10% a day. So over 3 years and it climbed from less than a penny to $266 a share.
Today, BTCS seems poised to rally on the news of their 1,327% Year-Over-Year Gain in Digital Assets, and we have already witnessed how quickly the share prices change in the new world of next generation traders with an extremely high interest in cryptocurrency or companies benefiting from bitcoins continued growth.
With BTCS entry prices ranging from $1.05 to $1.15 recently we can see why it has the attention of so many. If it were to rally in the news of over 1327% growth year-over-year gains in digital assets while hitching a ride on the current strong demand on bitcoin, the BTCS share price has monster gains potential.
