Burger company stock soars after it mentions blockchain
By Sarah Sutton • January 4, 2018
Chanticleer Holdings, whose brands include American Burger Co. and Little Big Burger, dropped an announcement about a new “loyalty program” that would reward customers with units of a proprietary cryptocurrency to use on future meals via the MobivityMind blockchain platform. Upon this announcement, Chanticleer’s stock went as high as 95 percent over its previous value.