The company hasn’t issued any news or press releases this morning, but the stock is up in double-digit percentages.
The run seems to be the result of the fact that Bitcoin broke the $20,000 mark.
NXTD is heavily focused on mobile security, and cryptocurrencies, which run on the blockchain, are focused on the security of financial transactions, and other contracts, in simple terms anyway.
Moreover, NXTD isn’t only active in mobile security, it’s an active player in the cryptocurrency industry, helping to make cryptocurrency more feasible with its subsidiary, FitPay.
FitPay creates contactless payment devices for Bitcoin owners. When used, these devices convert bitcoin into fiat currency, making it possible for Bitcoin owners to use their cryptocurrency in stores.
With Bitcoin breaking the $20,000 mark, demand for the cryptocurrency is at an all-time high. Moreover, cryptocurrency enthusiasts are looking for ways to bring this technology into the wider world of finance and commerce.
NXTD offers a way to do that with FitPay. So, it’s no surprise that the stock is up today.
cnafinance.com/nxtd-...the-gains-in-nxt-id/
The run seems to be the result of the fact that Bitcoin broke the $20,000 mark.
NXTD is heavily focused on mobile security, and cryptocurrencies, which run on the blockchain, are focused on the security of financial transactions, and other contracts, in simple terms anyway.
Moreover, NXTD isn’t only active in mobile security, it’s an active player in the cryptocurrency industry, helping to make cryptocurrency more feasible with its subsidiary, FitPay.
FitPay creates contactless payment devices for Bitcoin owners. When used, these devices convert bitcoin into fiat currency, making it possible for Bitcoin owners to use their cryptocurrency in stores.
With Bitcoin breaking the $20,000 mark, demand for the cryptocurrency is at an all-time high. Moreover, cryptocurrency enthusiasts are looking for ways to bring this technology into the wider world of finance and commerce.
NXTD offers a way to do that with FitPay. So, it’s no surprise that the stock is up today.
cnafinance.com/nxtd-...the-gains-in-nxt-id/