(Mineral) Mining company announces intention to pivot to cryptocurrency

[stygiansonic]

http://www.marketwired.com/press-release/axe-announces-its-intention-evaluate-new-business-opportunities-eventually-redirect-tsx-venture-axq-2243252.htm

[stygiansonic]

This is a publicly traded company, (albeit a penny stock) and the thinly-traded shares spiked on the news: https://finance.yahoo.com/quote/AXQ.V/chart?p=AXQ.V

[Gargoyle → stygiansonic]

There have been a few incidents of penny stocks "pivoting" to blockchain this year, just to see their prices soar.

https://www.cnbc.com/2017/10/27/want-to-make-your-companys-s...

I can't find an example, but I'd swear companies did this with "dot com" back in the dot com boom of the late 90s.