Aether Holdings (NASDAQ:ATHR) was surging after its unit Alpha Edge Media announced on Thursday an entry into digital asset content vertical with the acquisition of AltcoinInvesting.co.
Shares were +5.70% pre-market to $12.98.
Alpha Edge Media has acquired AltcoinInvesting.co's operational assets in an all-cash transaction.
The transaction is a part of the company's strategy to acquire financial newsletter platforms.