TagBitcoin Generation

Bitcoin Price Boom Resurrects Once-Feverish Penny Stocks

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By CCN: The feverish Bitcoin price rally appears to be spilling over into the stock market, where ice-cold blockchain stocks are once again showing signs of life - and investor FOMO. Bloomberg's Bailey Lipschultz notes that at least one penny stock has capitalized on the recent Bitcoin bull market. MGT Capital Investments Inc. - yep, the one with the John McAfee connection -  announced it's...

Bitcoin Generation Claps Back at SEC Over 'Reckless' Trading Suspension

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By CCN: Following the suspension of trading in Bitcoin Generation (BTGN), a regulated exchange based in Oklahoma whose stock trades in the OTC market, the company has responded. SEC "Highly Prejudicial," Says Bitcoin Generation The company says the U.S. SEC did not even inquire with them before freezing trading. CEO Deniz Hadjiev wrote this reporter saying, in part: “We welcome regulators...

Bitcoin Stock Slapped with Trading Freeze Amid SEC Probe

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By CCN: Shares of Bitcoin Generation (BTGN), a little-known Bitcoin stock, last traded at 9 cents. They will remain there until at least May 10 while the Securities and Exchange Commission launches a probe into the Oklahoma-based company's finances. US Regulators Investigate Public Crypto Exchange The Bartlesville, Oklahoma-headquartered company offers a regulated cryptocurrency exchange that...

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