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CryptoStar Corp V.CSTR

Alternate Symbol(s):  CSTXF

Financial Services Cryptocurrency
CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three segments: self-mining, hosting and miner sales. The Company is the supplier of graphics processing unit (GPU) and Australian securities and investments commission (ASIC) miners & hosting solutions worldwide. The Company also provides equipment hosting services to customers worldwide, for which services the Company receives hosting fees, as well as sells miners to customers. The Company operates data centers in the United States and Canada. Its wholly owned subsidiaries include CryptoStar Holdings Inc., CryptoStar USA, Inc., and Neuro Digital Inc.


TSXV:CSTR - Post by User

CryptoStar Corp > oh my!
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Comment by AuntiePenny2on Dec 23, 2020 10:25pm
122 Views
Post# 32175570

RE:oh my!

RE:oh my!
birch1 wrote: What happened here.


Profit-taking. CSTR is a Crypto stock and about the last one to react to Bitcoin going through 23k. Too many traders had time to buy in at 5 cents. Also, there's no news yet to explain this rally. 
Tomorrow could be worse because few traders will trust Bitcoin to hold 23k over a 4-day weekend. 

A correction to 9 cents would not be exceptional but if Bitcoin holds through the weekend things may improve substantially.
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