DPW Holdings, Inc. (NYSE American: DPW), the stock jumped in the extended-hours session as it rose 47.97% to $6.2. 1-month performance of a diversified holding company was 6.62%, in contrast with its quarterly performance of 90.45%.
What they do…
DPW Holdings is focused on maximizing shareholder value by acquiring undervalued businesses and disruptive technologies with global impact.
The Company provides mission-critical products in aerospace, defense, industrial, telecommunications, medical, and textile markets through wholly and majority-owned subsidiaries and strategic investments.
What’s the latest…
The Company just announced that Fintech lender Digital Power Lending, LLC, a California Finance Lender and a wholly-owned subsidiary of Ault Alliance, Inc, is prepared to start originating loans collateralized Bitcoins and Ethereums.
A new collateral program, https://digitalpowerlending.com/commercialapp/, is expected to begin on or about March 10, 2021. The lending industry is governed by federal, state, and local laws, depending on the type of loan.
DPL’s new program extends its existing lending services, which provide funding to companies under secured and unsecured commercial loans throughout the United States. Companies can access operating capital from DPL to finance their growth.
For more information about DPW Holdings and its subsidiaries, the public has access to press releases available at the parent Company’s website, www.DPWHoldings.com, as well as the Securities and Exchange Commission’s website, www.sec.gov.
Individuals seeking relatively steady capital appreciation, in the long run, will be most satisfied with this stock. Some issues have a decent dividend component. The best entry point can be found by monitoring the business cycle and taking a stake at the beginning of an upcycle. When the market recovers or expands, momentum investors can find great opportunities.