BIGG Digital Assets Inc. (OTCQB: BBKCF)

On the 5th of February BIGG Digital Assets (OTCQB: BBKCF) announced that according to its stock option plan and regulatory approval, it has now granted its directors, employees and consultants stock options to purchase an aggregate of 6,050,000 common shares. The shares can be exercised at a price of $0.75 per common share for a five-year period.

About BIGG Digital Assets Inc

BIGG Digital Assets (OTCQB: BBKCF) is based in Canada since October 2014. The company owns, operates and invests in crypto-related businesses to enhance its main belief that cryptos are safe, compliant and monitored in a regulated manner.

BIGG owns two operating companies that allow different services. One of them is called Blockchain Intelligence Group (BIG) that has developed a Blockchain-agnostic platform, QLUE™ and the other one is Netcoins.

How does QLUE™ work

QLUE™ stands for Qualitative Law Enforcement Unified Edge and is built for Law Enforcement, Regulators, Financial Sector and Government Agencies to regulate and trace cryptocurrency transactions at a forensic level. The visual tracking can monitor activities involving Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH, ERC20 tokens) and Litecoin (LTC).

The platform functions as an investigative solution in partnership with senior law enforcement and anti-money laundering specialist that incorporates advanced algorithms to detect any kind of suspicious activity used by criminals to transfer cryptos. In other words, it can help track activities such as human trafficking, drug trafficking, weapons trafficking, cyber-crimes and terrorist financing. A lot of these activities get funded using cryptocurrency payments that are not traceable. If you consider the bitcoin increase in the last year, I can assure you some of these criminals just tripled their black money. This is exactly why this platform is important to exist.

Big digital assets chart

BitRank Verified, is a “risk-scoring” system that helps people understand the safety and reliability of the wallet or transaction you are using. This also enables banks, exchanges, ATMs and retailers to meet traditional regulatory/compliance requirements.

The second operating company is called Netcoins and acts as a brokerage and exchange software to make the purchase and sell of cryptocurrencies available to investors while ensuring compliance and safety. Netcoins utilizes BitRank Verified software at the core of its platform.

Both operating companies have experienced a high demand over the past several months. This helped the company to achieve a positive cash flow from its monthly operations. What the company does that is different from other similar companies, is the strategy of utilizing its free cash flow to purchase Bitcoin to supply its current coin holdings. The company is looking to acquire additional Bitcoin this month which shows the trust and belief in Bitcoin’s future.

BIGG CEO, Mark Binns, remarks “BIGG is a compliance-first crypto company that believes Bitcoin offers the best store of value for its free cash flows. This has led us to adopt an initiative of reinvestment into the underlying asset of our industry. Of late, we are seeing a surge in the number of corporations buying Bitcoin to hold as a treasury reserve asset.

We have held Bitcoin on our balance sheet since 2017, and foresee the next evolution being the investment of fiat profits into crypto. BIGG aims to be at the forefront of this movement. Profits from Netcoins’ trading and Blockchain Intelligence Group’s software sales earned in fiat will be converted into and held in Bitcoin, until such time as required by operational demands. The decision to roll forward our profits into Bitcoin, where we anticipate returns to outpace fiat values, is easy and highly strategic.”

The stock price is now $0.75, double what it was at the end of January. On Friday, the stock went up 7%.

Disclaimer – I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.

Natalia C. - Junior Analyst at FDGT Academy

Natalia C. - Junior Analyst at FDGT Academy

I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.