Block X Capital Corp – In the wake of the Canada cannabis legalization, cannabis stocks on the Canadian markets are getting a lot of love. Same thing goes for Canadian cannabis companies.
However, we understand that Canada has a lot more to offer to the world than just cannabis. In fact, Canada has been making some waves in the blockchain sector. And even though it hasn’t been all positive, it’s still worth staying up to date with.
In this article, we’re going to look at Block X Capital Corp, a Canadian company involved in the public investment of blockchain technology. Both the stock price and recent news from the company will be covered.
Block X Capital Corp: What’s Been Going On?
Block X Capital has been relatively quiet this month, but still has exciting things going on in its world. Specifically, the company has been making numerous investments over the past four months. Whenever a company expands their investment portfolio, you can think of this as a good thing.
At the end of May, Block X Capital announced that it invested in FansUnite’s private placement, valued at $4.46M. A month before that, it announced its investment in two companies: Buildingsblock Technologies Corp and Abaxx Technologies Inc.
Despite the announcements, however, Block X Capital Corp hasn’t been flying on the market this month. It was, of course, up today – according to Google Finance – but the stock started June off poorly. From June 4th through to the 8th, Block X Capital hit new 52-week lows on the market.
>> Cannabis Stocks are in the Green after Canada Legalized Recreational Marijuana
The Block X Capital Stock (CNSX:BXXX): June 21, 2018
According to Google Finance, at 11:44 a.m. EDT, Block X Capital Corp was trading at $0.10. This means the stock was up 11.11% at the time. Block X Capital is a large-cap company, with its market cap sitting at 4.58M.
The Takeaway
How do you feel about Block X Capital Corp? Have you been paying close attention to the stock this month? Or has all of your focus gone towards the Canadian cannabis sector? Let me know in the comments below.
Featured Image: twitter
