Stock Down? Become a Blockchain and Watch It Soar
Sometimes a business needs to change its strategy to shake things up and get the stock moving again. And adding cryptocurrencies and blockchain technology may just be the kick-in-the-pants it needs. We come up with a list of companies who could benefit from a blockchain boost. Watch!
Is your company's stock down this year? Well think about becoming a blockchain and watch it soar.
Seriously, it's worth thinking about. Long Blockchain (LTEA) , Long Island Iced Tea Corp., announced a pivot from its beverage business to the exciting new world of cryptocurrencies and blockchain technology and saw its shares rocket as much as 500%.
The stock did settle back to a more modest 275% gain. But still. Maybe the company is on to something.
And that got us thinking about other companies that could use blockchain to give its stock a boost.
Watch the video above to see our picks - and please let us know which companies you think could benefit from a blockchain boost.
Read this column for more ideas.
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