Finally, a Bitcoin Correction! What to do about it?

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Finally, a Bitcoin Correction! What to do about it?

StreetInsider2021-04-19

At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...

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Tw0d3MooN
·2021-04-19
Time to load it up.
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jump1986
·2021-04-19
Buy buy
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J5385
·2021-04-19
liked that.
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Yogafire
·2021-04-19
Buy more!
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- J5385:
  like min too
  2021-04-19
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What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQ","symbol_name":"Block","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","article_id":"2128896977","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","pubTimestamp":1618835100,"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy Incorporated"},"translate_title":"终于来一次比特币回调！对此怎么办？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTR":0.9,"OSTK":0.9,"SQ":0.9},"content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":373810457,"gmtCreate":1618838125679,"gmtModify":1704715613248,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581684923109887","idStr":"3581684923109887"},"htmlText":"Time to load it up.&nbsp;","listText":"Time to load it up.&nbsp;","text":"Time to load it up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373810457","repostId":2128896977,"repostType":4,"repost":{"id":"2128896977","pubTimestamp":1618835100,"share":"https://ttm.financial/m/news/2128896977?lang=&edition=fundamental","pubTime":"2021-04-19 20:25","market":"us","language":"en","title":"Finally, a Bitcoin Correction! What to do about it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","media":"StreetInsider","summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","content":"<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.</p><p>This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.</p><p>However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.</p><p>With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (NASDAQ:MSTR), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).</p><p><b>MicroStrategy Incorporated (NASDAQ:MSTR)</b> is now best known as Michael Saylor’s company, with Saylor being <a href=\"https://laohu8.com/S/AONE\">one</a> of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.</p><p>The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.</p><p>The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.</p><p>Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).</p><p><b>Overstock.com Inc (NASDAQ:OSTK)</b> bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.</p><p>Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.</p><p>Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.</p><p>According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.</p><p>And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.</p><p>Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).</p><p><b>Exxe Group Inc (OTCMKTS:AXXA)</b> is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.</p><p>While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.</p><p>Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.</p><p>Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.</p><p>AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.</p><p>Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.</p><p><b>Square Inc (NYSE:SQ)</b> bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.</p><p>SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.</p><p>Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.</p><p>Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.</p><p>Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.</p><p>Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).</p><p>DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.</p><p>EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.</p><p>This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finally, a Bitcoin Correction! What to do about it?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinally, a Bitcoin Correction! What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy Incorporated"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128896977","content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":373891906,"gmtCreate":1618837009305,"gmtModify":1704715590204,"author":{"id":"3580896957248251","authorId":"3580896957248251","name":"jump1986","avatar":"https://static.tigerbbs.com/8c72fbc2f5b9daff6963a4127f962848","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3580896957248251","idStr":"3580896957248251"},"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373891906","repostId":2128896977,"repostType":4,"repost":{"id":"2128896977","pubTimestamp":1618835100,"share":"https://ttm.financial/m/news/2128896977?lang=&edition=fundamental","pubTime":"2021-04-19 20:25","market":"us","language":"en","title":"Finally, a Bitcoin Correction! What to do about it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","media":"StreetInsider","summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","content":"<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.</p><p>This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.</p><p>However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.</p><p>With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (NASDAQ:MSTR), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).</p><p><b>MicroStrategy Incorporated (NASDAQ:MSTR)</b> is now best known as Michael Saylor’s company, with Saylor being <a href=\"https://laohu8.com/S/AONE\">one</a> of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.</p><p>The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.</p><p>The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.</p><p>Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).</p><p><b>Overstock.com Inc (NASDAQ:OSTK)</b> bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.</p><p>Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.</p><p>Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.</p><p>According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.</p><p>And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.</p><p>Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).</p><p><b>Exxe Group Inc (OTCMKTS:AXXA)</b> is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.</p><p>While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.</p><p>Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.</p><p>Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.</p><p>AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.</p><p>Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.</p><p><b>Square Inc (NYSE:SQ)</b> bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.</p><p>SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.</p><p>Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.</p><p>Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.</p><p>Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.</p><p>Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).</p><p>DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.</p><p>EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.</p><p>This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finally, a Bitcoin Correction! What to do about it?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinally, a Bitcoin Correction! What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy Incorporated"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128896977","content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":373805307,"gmtCreate":1618836521109,"gmtModify":1704715582717,"author":{"id":"3573450191379774","authorId":"3573450191379774","name":"J5385","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573450191379774","idStr":"3573450191379774"},"htmlText":"liked that.","listText":"liked that.","text":"liked that.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373805307","repostId":2128896977,"repostType":4,"repost":{"id":"2128896977","pubTimestamp":1618835100,"share":"https://ttm.financial/m/news/2128896977?lang=&edition=fundamental","pubTime":"2021-04-19 20:25","market":"us","language":"en","title":"Finally, a Bitcoin Correction! What to do about it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","media":"StreetInsider","summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","content":"<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.</p><p>This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.</p><p>However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.</p><p>With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (NASDAQ:MSTR), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).</p><p><b>MicroStrategy Incorporated (NASDAQ:MSTR)</b> is now best known as Michael Saylor’s company, with Saylor being <a href=\"https://laohu8.com/S/AONE\">one</a> of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.</p><p>The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.</p><p>The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.</p><p>Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).</p><p><b>Overstock.com Inc (NASDAQ:OSTK)</b> bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.</p><p>Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.</p><p>Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.</p><p>According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.</p><p>And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.</p><p>Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).</p><p><b>Exxe Group Inc (OTCMKTS:AXXA)</b> is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.</p><p>While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.</p><p>Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.</p><p>Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.</p><p>AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.</p><p>Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.</p><p><b>Square Inc (NYSE:SQ)</b> bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.</p><p>SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.</p><p>Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.</p><p>Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.</p><p>Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.</p><p>Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).</p><p>DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.</p><p>EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.</p><p>This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finally, a Bitcoin Correction! What to do about it?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinally, a Bitcoin Correction! What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy Incorporated"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128896977","content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":373805976,"gmtCreate":1618836513295,"gmtModify":1704715582385,"author":{"id":"3581815205798983","authorId":"3581815205798983","name":"Yogafire","avatar":"https://static.tigerbbs.com/ab312721d554dbd21c0c3f30f93f1149","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581815205798983","idStr":"3581815205798983"},"htmlText":"Buy more!","listText":"Buy more!","text":"Buy more!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373805976","repostId":2128896977,"repostType":4,"repost":{"id":"2128896977","pubTimestamp":1618835100,"share":"https://ttm.financial/m/news/2128896977?lang=&edition=fundamental","pubTime":"2021-04-19 20:25","market":"us","language":"en","title":"Finally, a Bitcoin Correction! What to do about it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","media":"StreetInsider","summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","content":"<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.</p><p>This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.</p><p>However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.</p><p>With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (NASDAQ:MSTR), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).</p><p><b>MicroStrategy Incorporated (NASDAQ:MSTR)</b> is now best known as Michael Saylor’s company, with Saylor being <a href=\"https://laohu8.com/S/AONE\">one</a> of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.</p><p>The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.</p><p>The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.</p><p>Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).</p><p><b>Overstock.com Inc (NASDAQ:OSTK)</b> bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.</p><p>Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.</p><p>Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.</p><p>According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.</p><p>And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.</p><p>Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).</p><p><b>Exxe Group Inc (OTCMKTS:AXXA)</b> is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.</p><p>While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.</p><p>Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.</p><p>Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.</p><p>AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.</p><p>Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.</p><p><b>Square Inc (NYSE:SQ)</b> bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.</p><p>SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.</p><p>Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.</p><p>Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.</p><p>Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.</p><p>Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).</p><p>DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.</p><p>EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.</p><p>This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finally, a Bitcoin Correction! What to do about it?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinally, a Bitcoin Correction! What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy Incorporated"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128896977","content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data  a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4074321,"gmtCreate":1618836554913,"gmtModify":1680784670871,"authorId":3573450191379774,"author":{"id":3573450191379774,"idStr":"3573450191379774","authorId":3573450191379774,"name":"J5385","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":373805976,"type":1,"supId":0,"prevId":0,"content":"like min <u>too</u>","text":"like min <u>too</u>","html":"like min <u>too</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":15,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}