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Pathikrit Bose

This Penny Stock Just Doubled on Plans to Become a Bitcoin Miner. Should You Buy It Now?

Founded in 2019, Signing Day Sports (SGN) is a Scottsdale, Arizona-based technology company that specializes in operating a digital platform designed to assist high school athletes in the college recruitment process. Its app enables student athletes to create comprehensive recruitment profiles, including video-verified athletic metrics, academic records, and skill footage, facilitating evaluations by college coaches and recruiters.

But just like Michael Saylor-led MicroStrategy (MSTR) before, Signing Day Sports is shifting its focus to become a Bitcoin (BTCUSD) miner. As the world’s most valuable cryptocurrency crossed its all-time high recently, Signing Day Sports signed a definitive agreement to acquire One Blockchain, an operating affiliate of BlockchAIn Digital Infrastructure, which specialises in crypto mining, artificial intelligence (AI), and high-performance computing (HPC) data hosting services.

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