According to TechFlow news on November 21, reported by DL News, Toronto-based blockchain company Bluesky Digital's stock price has surged 1767% over the past month. Since November 5, the company's stock price has skyrocketed from $0.06 to $0.56. Portfolio managers told Bloomberg that this surge may be due to investors confusing it with the social platform Bluesky founded by Jack Dorsey.
Bluesky Digital's stock code is 'BTC', and the company's main business is helping enterprises adopt Web3 technology, while the eponymous social platform Bluesky focuses on developing a decentralized social network based on blockchain. In response to requests from Canadian regulators, Bluesky Digital has stated that there have been no significant changes in the company's operations.