BBKCF Stock Just Proved Why It's A Long Term BUY STOCK
- 3 years ago
BBKCF Stock! NetCoins Trading App! Mark Bins CEO Big Digital Assets! Today on their Twitter page, Big Digital Assets posted a very nice post about their Financial Results For Second Quarter 2021. They were amazing and just goes to reaffirm my long term conviction as a great buy stock that BBKCF is.
VANCOUVER, August 24, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report its fiscal Q2 2021 financial results for the three and six months ended June 30, 2021. All figures are in Canadian Dollars (“CAD”) unless otherwise stated.
Q2 2021 Highlights:
Gross revenue of $4.55M, ~$4.16M for Netcoins and ~$385k for Blockchain Intelligence Group
Netcoins revenue for Q2 represents ~24% Quarter over Quarter (QoQ) growth, and over ~2000% Year over Year (YoY) growth.
Active Users reached ~19,000 during Q2, growing 40% QoQ, and 1880% YoY
Registered users exceeded 80,000
Gross trading margins in excess of 1.2%
BIG revenues increased 26% QoQ, and gross margins sat at 87%
Cash and cryptocurrency in treasury (excluding restricted cash and customer deposits) equaled ~$65 million
Adjusted EBITDA, net of non-cash expenses, was positive for the quarter
Further Highlights:
At August 15, 2021, cash and crypto holdings equal ~$71 million
BIGG currently owns 430.8 Bitcoin, valued at approximately $27.3 million.
At June 30, the Bitcoin price was USD~$35,000, down roughly USD$23,900 per coin from the Q1 2021 revaluation as at March 31, 2021. The Q2 revaluation resulted in an unrealized net loss of ~$4.5M on crypto inventory holdings. In recent days, Bitcoin has risen to ~$50,000 USD per coin, recovering most of this unrealized loss.
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Source:
https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-reports-financial-results-for-second-quarter-2021/
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Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence.
I am not a financial advisor or professional stock analyst. Trade at your own risk. There are risks associated with investing in a publi
VANCOUVER, August 24, 2021 – BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report its fiscal Q2 2021 financial results for the three and six months ended June 30, 2021. All figures are in Canadian Dollars (“CAD”) unless otherwise stated.
Q2 2021 Highlights:
Gross revenue of $4.55M, ~$4.16M for Netcoins and ~$385k for Blockchain Intelligence Group
Netcoins revenue for Q2 represents ~24% Quarter over Quarter (QoQ) growth, and over ~2000% Year over Year (YoY) growth.
Active Users reached ~19,000 during Q2, growing 40% QoQ, and 1880% YoY
Registered users exceeded 80,000
Gross trading margins in excess of 1.2%
BIG revenues increased 26% QoQ, and gross margins sat at 87%
Cash and cryptocurrency in treasury (excluding restricted cash and customer deposits) equaled ~$65 million
Adjusted EBITDA, net of non-cash expenses, was positive for the quarter
Further Highlights:
At August 15, 2021, cash and crypto holdings equal ~$71 million
BIGG currently owns 430.8 Bitcoin, valued at approximately $27.3 million.
At June 30, the Bitcoin price was USD~$35,000, down roughly USD$23,900 per coin from the Q1 2021 revaluation as at March 31, 2021. The Q2 revaluation resulted in an unrealized net loss of ~$4.5M on crypto inventory holdings. In recent days, Bitcoin has risen to ~$50,000 USD per coin, recovering most of this unrealized loss.
Join WeBull with my link and receive UP TO 4 FREE STOCKS https://act.webull.com/k/hMN1TBS6nyB8/main
Source:
https://biggdigitalassets.com/press-releases/bigg-digital-assets-inc-reports-financial-results-for-second-quarter-2021/
SOCIAL MEDIA
⚫PATREON
Join Our Patreon Community and help support this channel...If you want to , or you can just hit the LIKE button which really helps me. Thank you!
https://www.patreon.com/bullmarketwatch
https://facebook.com/groups/659635791621800/
https://twitter.com/watch_ipo
Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence.
I am not a financial advisor or professional stock analyst. Trade at your own risk. There are risks associated with investing in a publi