April 7, 2022, 3:08 a.m. EDT

Top Stocks Innovating in the Bitcoin Space (SQ, MWWC, OSTK, MSTR, MA, PYPL, SI, SOS)

Apr 07, 2022 (AB Digital via COMTEX) -- Bitcoin has been tracing out a large-scale consolidation over the past several months after launching in a historic run that took flight in fall 2020 and lasted through November of 2021, with a single sharp correction last summer.

While latecomers to positions on the long side may have taken some pain in the past 5 months, it's important to consider the fact that Bitcoin is still by far and away the single best performing major global asset over the past 2 years on the planet, crushing the Nasdaq and Oil by a wide margin, and completely leaving gold in the dust.

The current consolidative period has none of the typical characteristics of a busted bubble, with plenty of naysayers still making headlines and plenty of supportive volume coming in on down sessions.

While it may be tempting to say that it's time to load the boat for the next leg higher, investors may want to think a bit further about implementation.

The strategy is still a bet on Bitcoin's long-term upside potential. But that strategy may be better implemented through a portfolio comprised of stocks with strong ties to the crypto space leading the way with key innovations.

Some examples that fit this description include stocks like Block Inc. (NYS:SQ) , Overstock.com Inc. (NAS:OSTK) , MicroStrategy Inc. (NAS:MSTR) , Mastercard Inc. (NYS:MA) , PayPal Holdings Inc. (NAS:PYPL) , Silvergate Capital Corp. (NYS:SI) , and SOS Ltd. ADR (NYS:SOS) .

However, there’s one much smaller and more speculative name that might deserve much more attention after the recent launch of its new fully functioning community-based crypto mining platform, which represents a critical innovation: Marketing Worldwide Corp. (OTC:MWWC) .

MWWC bills itself as broad tech player with interests in cybersecurity and cryptocurrency. Its most interesting puzzle piece is its recently launched Minosis Platform project (see www.minosis.io ), which management describes as a “Simple Click to Mine Crypto-Mining Platform” with an “installation and rig set-up as easy as possible”.

In other words, the company is trying to take a leadership position in plug-and-play crypto mining for the masses. As bitcoin goes increasingly mainstream – and remember, even Matt Damon and Tom Brady are on board these days – such a lay solution has the potential to explode.

To further augment this offering – which just recently launched in a fully-functioning manner – the company also announced last week that it is currently developing a new “Auction Crypt” website ( http://auctioncrypt.com ) that will offer Crypto-Mining equipment to the public as part of the Minosis.io Suite of innovative crypto platforms, products, and services.

More tools to make it easy for novices to hop right into the game. This is a theme, and clever market positioning.

The auction crypt site will be a place where anyone can go to get competitive rates on specialty equipment like ASIC miners and other mining equipment wares without having to navigate increasingly complicated global supply chain logistics or battle against the semiconductor shortage.

According to the company, “the Auction Crypt website will be an extension of the #Minosis family; and will utilize the $MNS ‘Minosis’ token and the partnered $DOX ‘#DoxedToken’ as the currency used to bid on auctioned items; which will add value to the $MNS and $DOX token utilities. This is a significant opportunity to become a destination site for both refurbished and new equipment that compels web traffic to the https://minosis.io website and to the www.doxedtoken.com website. The increase in traffic could result in daily volume multipliers for both tokens, ultimately triggering the burn and stock buy-back initiatives.”

Marketing Worldwide Corp. (OTC:MWWC) shares are up several hundred percent over the past year. But the stock is very consolidated in terms of technicals, with RSI sitting under 45. In other words, it has established longer-term bullish momentum but is anything but overbought presently.

As the company further builds its branding and position as a one-stop shop for the layman bitcoin mining enthusiast, and as excitement builds up again on a mainstream level about the future returns to be found in mining BTC, MWWC could end up being the bell of the ball.

Disclaimer: This is a paid advertisement. WallStreetPR is simply distributing content provided to us by EDM Media LLC and is not responsible for the production of this content. WallStreetPR is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available to us by EDM Media LLC is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall WALLSTREETPR be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by WALLSTREETPR ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. WallStreetPR.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Wallstreetpr.com, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting WallStreetPR.com/Disclaimer. WallStreetPR.com has been compensated $500 for advertisement services on MWWC by a 3rd party EDM Media LLC. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled

Media Contact
Company Name: WallStreetPR
Contact Person: Ash K
Email: Send Email
Phone: 2019725655
Country: United States
Website: https://www.wallstreetpr.com/


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Link to MarketWatch's Slice.