Tantalus Systems Holding Inc. (GRID) is rated a conviction Buy due to its 20%+ revenue growth, strong cash reserves, and strategic focus on underserved North American utilities. The company leverages hardware to secure business and high-margin software for recurring profits, boasting gross margins of 54.7%. With recent cash inflows, a solid order backlog, and favorable regulatory conditions, GRID is well-positioned for accelerated growth despite weak competition. Trading at a reasonable valuation of 3.2x EV/NTM sales, GRID offers upside potential to CAD 8.50 and possible buyout appeal, with manageable risks from tariffs and project variability.
Arthur Hayes, former BitMEX CEO, transferred 6,000 ETH worth about $10.41 million from his private wallets to centralized exchanges, signaling possible sell-off. Ethereum's market cap has dropped significantly, and exchange reserves have increased, i...
In April, a hacker exploited a flaw in Litecoin's MimbleWimble Extension Block (MWEB) transactions, causing a double-spend attack that required a 13-block reorganization to fix. Despite patches released immediately after the attack, about 70% of Lite...
BitMine Immersion Technologies extended its stock rally, rising 2.8% to $16.14, driven by a strategic pivot from solely Bitcoin mining to incorporating an Ethereum treasury and staking approach. The company aims to diversify revenue by treating Ether...
Bitcoin's market dominance has increased even as its price dropped to around $63,000, signaling investors are favoring Bitcoin over riskier altcoins during uncertain times. Morgan Stanley's recent purchase of over $270 million in Bitcoin supports the...
Canada's Alberta Investment Management Corp (AIMCo) bought $25 million worth of shares in Circle Internet Group, signaling ongoing institutional demand for exposure to Circle's USDC stablecoin despite cautious analyst views. Circle shares trade well ...
