Bitcoin just broke $38,000 and we expect GoldMoney (TSX: XAU) to become the market's next major Bitcoin play. XAU was originally founded as BitGold and has combined real money (gold) with the benefits of Bitcoin and blockchain technology. Furthermore, XAU made a large investment three years ago to develop the infrastructure necessary to allow XAU's 350,000+ customers to buy/sell Bitcoin, Ethereum, and other Crypto assets through the GoldMoney platform. XAU's CEO Roy Sebag remains a huge supporter of Bitcoin and only turned the Crypto trading system off after Bitcoin declined to $3,000 and the regulatory costs became greater than the income being generated from Crypto transactions. With Bitcoin now trading for $38,000 and Coinbase getting ready to go public in an IPO that will value it at an estimated $30 billion, we believe Sebag recognizes that he has an opportunity right now to turn XAU into a multi-billion dollar market cap company! Over the last 12 months, XAU has posted 19 separate bullish articles about Bitcoin to GoldMoney Research!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.