Bitcoin Mania Just Made Kodak $431 Million More Valuable

Bitcoin mania continued to feed the fire fueling Eastman Kodak’s stock Wednesday, after the one-time camera maker revealed a day earlier that it too was jumping into blockchain and launching its own cryptocurrency: the KodakCoin.

Shares of the struggling 130-year-old company rose as much as 90% Wednesday, giving it a valuation of $565 million. That represented a gain of roughly $431 million or 321% since the company said it would use the technology underlying cryptocurrencies, blockchain,...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Eastman Kodak [+]    KodakCoin [+]    Shares [+]   

More #news: