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Luxxfolio Holdings Inc C.LUXX

Alternate Symbol(s):  LUXFF

Luxxfolio Holdings Inc. is a Canada-based company. The Company continues to explore all options for strategic alternatives with respect to the Company’s business, its blockchain platform, and other more broadly defined options, including changes to the capital structure, mergers and acquisitions, sales, and divestitures. It has not generated revenue from its operations.


CSE:LUXX - Post by User

Comment by Diomioon Nov 04, 2022 10:07am
78 Views
Post# 35072809

RE:RE:Almost half the float sold

RE:RE:Almost half the float sold

It’s dark times for the cryptocurrency industry, and that includes Vancouver-based Luxxfolio (Luxxfolio Stock Quote, Charts, News, Analysts, Financials CSE:LUXX), which recently gave indications of folding up shop. PI Financial analyst Kris Thompson delivered a report on the company on Wednesday where he moved his rating on the stock from “Buy” to “Under Review” after a recent update from the company.

Luxxfolio, which operates an industrial-scale cryptocurrency mining facility in the United States powered by renewable energy, gave an operations update on Wednesday, saying the depressed crypto market has caused the company to “seek strategic alternatives” with regards to its 15MW bitcoin mining facility in New Mexico. 

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