Traders love seeing growing revenue from their little "secret" companies that they got in before the crowd. In the case of Investview, Inc. (OTCQB:INVU) , investors that saw something in the company back in October (when shares were a little more than a penny each) have to be grinning ear to ear on Monday.
The company estimated gross revenue for March 2021 at $7.8 million, an all-time monthly high for Investview, a diversified fintech and global distributor that operates through its subsidiaries to provide financial education tools, content, research, and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the generation of digital assets.
March sales of $7.8 million would be a 42% increase over February’s gross revenue of $5.5 million. The New Jersey-based company in March made its foray into NDAU, the world's first adaptive digital currency, buying $1 million of the digital asset. At the end of March, Investview’s balance sheet showed more than $6.2 million in Bitcoin and NDAU digital currency holdings, a stark increase from about $1.0 million at the end of February.
The leap into NDAU has been great for the stock, which broke out again late in March (we actually mentioned to APS Pro members as a daily pick at 16 cents), cruising to an all-time high at $0.79 on April 6. INVU pulled back some to 43.5 cents last week, but it is back on the rise with today’s news, gaining 15% to $0.567 in early Monday action.
