BitFrontier Capital Holdings Inc (OTCMKTS:BFCH) Stock Rallies 29% in a Week: What’s The Buzz?

In recent days there has been no news at all about BitFrontier Capital Holdings Inc (OTCMKTS:BFCH) but that has not stopped investors from piling on to the company’s stock. Over the course of the past week, the stock has managed to clock considerable gains and gone up by as much as 29%.

Considering the dearth of news about BitFrontier it could be argued that the rally is entirely speculative but it might be a good idea to take a look at a key announcement from the company back on June 30.

At the time the company announced that it had completed the filing all the financial statements that were necessary for BitFrontier to get Pink Current status on the OTC Markets. It was a major development for the company since getting Pink Current status makes the stock a far more reliable proposition for most investors.

However, at the same time, it should be noted that BitFrontier also pointed out that the status is only going to be confirmed after the application sent in by the company is reviewed by the OTC Markets. At this point in time, it could be a good idea to keep an eye on any fresh news about BitFrontier.