BlackRock, Vanguard, and UBS are among 82 institutional investors holding a combined 4.07 million shares in microgrid company NXXT, according to Lookonchain. NXXT has reported an annual revenue growth of 196%, with a market capitalization of approximately $250 million and a price-to-revenue ratio of 4, notably below the industry average of 10-15. The U.S. microgrid market is expected to expand from $5.2 billion in 2024 to $25-30 billion by 2030, driven by the development of smart city power systems.
BlackRock and Major Investors Acquire 4.07 Million Shares in NXXT
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