Applied Blockchain: Intriguing Model But Overvalued

Applied Blockchain: Intriguing Model But Overvalued


Seeking Alpha
2022-06-16 19:37:43

Applied Blockchain recently completed a name change, business model change, and Nasdaq up-list.The company provides the potential for stable revenue in a crypto-exposed business.At current valuations, the equity is priced too high for me to recommend.