Why did Powerbridge Technologies (PBTS) soar up 70%?

Powerbridge Technologies soars nearly 70% due to plans of investing into cryptocurrency mining for Bitcoin and Ethereum with plans to operate globally. Powerbridge Technologies assembled a team of industry professionals that will help generate support and growth within the technology.

“We are optimistic about the positive outlook of the cryptocurrency market. Our initiative to engage in crypto mining is an important part of our overall blockchain strategy. We strive to continually build a clean energy based BTC and ETH mining network globally. We believe our crypto mining business will generate valuable digital assets that help accelerate the Company’s growth.”

Stewart Lor – President and CFO of Powerbridge Technologies