Menu

Recent Interviews

Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

Humphrey Hale
CEO, Managing Geologist | Carnavale Resources Ltd.
Level 2, Suite 9 389 Oxford Street, WA 6016 Mount Hawthorn (AUS)

info@carnavaleresources.com

Interview Carnavale Resources: Good cards for long-term success


Bill Guy, Chairman, Theta Gold Mines Limited

Bill Guy
Chairman | Theta Gold Mines Limited
Level 35 (ServCorp), Intl Tower One 100 Barangaroo Ave, 2000 NSW Australia (AUS)

info@thetagoldmines.com

+61 2 8046 7584

Interview Theta Gold Mines: This team has already brought 20 mines into production


David Mason, Managing Director, CEO, NewPeak Metals Ltd.

David Mason
Managing Director, CEO | NewPeak Metals Ltd.
Level 27, 111 Eagle Street, QLD 4000 Brisbane (AU)

info@newpeak.com.au

+61 7 3303 0650

Interview New Peak Metals: Many chances for great success


02. February 2021 | 07:00 CET

Bitcoin Group, BIGG Digital Assets, Northern Data: Who profits more from the Bitcoin comeback?

  • Bitcoin
Photo credits: pixabay.com

Even stock investors can hardly avoid Bitcoin these days. Since the digital currency is continuously traded, investors around crypto stocks also always have an up-to-date impression of the market situation. In recent weeks, Bitcoin and related stocks have corrected. Currently, crypto stocks are stabilizing again. We explain which stocks are the most promising.

time to read: 3 minutes by Nico Popp
ISIN: CA0898041086 , DE000A1TNV91 , DE000A0SMU87


 

Author

Nico Popp

At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

About the author


Bitcoin Group: More than just a trading platform

The Bitcoin Group share is a perennial favorite on the German trading floor. Even during the first Bitcoin hype, the Herford-based Company was a profiteer: the share reached its all-time high above EUR 78. The stock experienced a similar bull run a few weeks ago - the share climbed above EUR 70. Currently, the share is trading around 20% lower. The first investors are asking themselves how the share price will now develop. Although the long-term chart shows an unsightly double top, this situation is anything but set in stone. Rising prices for cryptocurrencies can boost the Bitcoin Group share again. Then, even new record prices would be possible.

Bitcoin Group operates its own trading platform Bitcoin.de and holds a stake in a financial services provider supervised by BaFin. Although the Company's business also depends on the short-term development of cryptocurrencies, other factors play essential roles in the long term. Blockchain and the tokenization of real assets are an unstoppable trend and could promise the Company an even bigger business than the trading venue. Consequently, Bitcoin Group shareholders should also pay attention to how the Company positions itself strategically. After all, revenues far less cyclical than the trading venue business await companies in this sector.

BIGG Digital Assets: Enter now even cheaper than the pros?

The Canadian Company BIGG Digital Assets also had this in mind. They pushed for software that banks, online traders, and authorities can use to get to the bottom of money laundering and fraud involving cryptocurrencies years ago. The Company has been able to win many customers in recent months and offers training around its software. These customers include Citibank, HSBC, JP Morgan Chase, Ernst & Young, Abu Dhabi Bank, and investigative authorities such as the US Secret Service, Interpol Singapore, and the US Securities and Exchange Commission (SEC). The resulting word-of-mouth is considered adequate sales support. In addition, BIGG Digital Assets has Netcoins in its portfolio, a famous Canadian crypto exchange that has consistently reported record sales over the past few months. Just yesterday, BIGG announced that the crypto exchange's trading volume in January was CAD 81 million, a factor of 2.4 higher than in December.

After the stock multiplied on a one-year view, they managed to raise CAD 10 million in financing in January, which was later increased to CAD 12 million. Participating investors paid CAD 0.50 per share, roughly equivalent to the current share price in Canada. Should the share price take off again and reach a level of CAD 0.70 within 24 months, the Company could receive a further CAD 8.4 million. BIGG invested CAD 1 million of the fresh capital in Bitcoin as recently as last week. In total, the Company currently holds 239.3 BTC, which is now equivalent to more than CAD 10 million. In addition, there is a cash balance in fiat currency. BIGG is valued at a total of CAD 66 million. The chart looks promising after the consolidation and the Company remains on track thanks to its diversified business model.

Northern Data: this correction is no reason to panic

The recent correction on the crypto market dragged down the shares of data center operator Northern Data. But this is likely only a snapshot in the current environment. The need for computing power for video rendering, blockchain processes and other computationally intensive tasks remains high. Just recently, the Company projected revenue of between EUR 350 million and EUR 400 million in 2021. While the stock lost more than 20% in January, that's just part of being a trending stock - after all, Northern Data also gained more than 100% over the course of a year.

Bitcoin Group and BIGG were also high flyers over a twelve-month period. The former gained 90% and the latter a staggering 1,150%. While both companies are promising and broadly diversified, BIGG, with a market capitalization of the equivalent of EUR 42 million, is still valued at just over one-seventh. Anyone looking for a high-growth Company that is broadly positioned given the crypto hype can take a look at BIGG Digital Assets, especially at the current level.


Author

Nico Popp

At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

01. March 2021 | 10:10 CET | by Stefan Feulner

Coinbase, Bitcoin Group, BIGG Digital Assets, Northern Data - Caution, mega important!

  • Bitcoin

High fluctuation ranges and thus increased nervousness characterized the picture of most cryptocurrencies in recent weeks. After reaching an all-time high of USD 58,354.14, bitcoin slid to below USD 44,000.00. Advocates for rising prices are still present, but warning voices from the economy and politics are increasing. A near-term event will set the trend for the entire industry. Will the trend reverse, or is it just a correction in the long-term upward trend?

Read

25. February 2021 | 11:43 CET | by André Will-Laudien

BIGG Digital Assets, Palantir, Baidu: Crypto and Big Data - invest in the future!

  • Bitcoin

The crypto world is evolving rapidly and with volatility. The latest continuous firing is now coming from big companies like Tesla, who are using the run on cryptocurrencies as a marketing tool to serve their own purposes. Elon Musk must now be called the "Magician of the Markets." He is the dazzling entrepreneur who throws entire industries into turmoil. His flagship Tesla is now investing proprietary money in Bitcoin, and at the same time, buying a Tesla vehicle using Bitcoin is possible. The perfect ring closure in a market that just can't seem to settle down. We take a look at companies that are making good progress with the crypto world and the topic of Big Data so far.

Read

16. February 2021 | 10:10 CET | by Carsten Mainitz

Bitcoin Group, BIGG Digital Assets, Riot Blockchain - Price explosion in Bitcoin & Co: Take profits?

  • Bitcoin

In the wake of Bitcoin's new all-time high, shares in companies that operate in the field of cryptocurrencies, digital assets or blockchain rose rapidly. To dismiss the whole thing as hype is too simplistic and falls short. The full-scale revolution in digital currencies and assets has only just begun. We give you current insights that will make you money!

Read