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Seeking Alpha 2021-03-29 18:53:43

Bitcoin-focused Investview soars some 100% in second straight big session

Bitcoin-related penny stock Investview (INVU) rose as much as 129% intraday Monday, adding to a 36% gain the stock saw on Friday despite little apparent news.Investview rose to as high as 38 cents a share before pulling back to 31.88 cents shortly before 3 p.m. ET, up 92.1% on the day. That gave the stock more than a $1B market cap.INVU provides financial technology, education tools, content, research, and management of digital asset technologies, with a focus on Bitcoin mining.The company’s last significant news came last week, when it announced the purchase of $1M of digital currency NDAU.Also last week, INVU disclosed deal to buy SSA Technologies LLC and MPower Trading Systems LLC in stock-swap deals. SSA owns and operates a FINRA-registered broker-dealer, while MPower owns the Prodigio proprietary trading platform.Meanwhile, INVC reported two weeks ago that it enjoyed record monthly gross revenues and net income in February.

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