Selasa, 17 Desember 2024

After Approx. 252% in Combined Moves—Our Next Potential Breakout Idea Drops Within 24 Hours

*Sponsored


Krypton Street Announces Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) As Its Next Potential Breakout Idea!


(GWAV) Comes Backed By Several Potential Catalysts Including:


Recent Market Momentum: (GWAV) recently moved approximately 275% in 7 days, from $0.29 to $1.09 reflecting growing market interest.


Low Float: With a float under 17.5M shares, (GWAV) has the potential for significant swings if demand begins to shift.


Fiscal Turnaround: In 2024, (GWAV) grew shareholders’ equity by $51M, increased current assets by 635% to $19.8M. 


Market Growth Potential: The global metal recycling market is projected to grow from $295B in 2024 to $631B by 2034.


Surging Demand: U.S. steel producers target 97% recycled materials, and (GWAV) projects 75% of revenue from U.S. sales in 2025, up from 41%.


Insider Confidence: Leadership recently acquired over 1M shares in December 2024, signaling confidence in (GWAV)’s path forward.


Consider Adding (GWAV) To Your Radar This Week…









December 17, 2024



Dear Reader,



If you haven’t been paying attention to Greenwave Technology Solutions, Inc. (Nasdaq: GWAV), now might be the time to consider it.


Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) is #1 on our watchlist tomorrow.


Keep reading to see why…


This emerging powerhouse in the scrap metal recycling industry has been executing on all fronts in 2024, laying the groundwork for what could be a breakout year ahead. 


With robust operational performance, strategic acquisitions, and a steady stream of growth catalysts, (GWAV) isn’t just competing—it’s leading the charge.


According to Finviz, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) has a float of less than 17.5M shares. 


For companies with small floats like (GWAV), there’s potential for significant swings if demand changes. 



In fact, (GWAV) recently moved approximately 275% in just 7 days.

Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) closed at $.29 11/26/2024 and reached $1.09 on 12/5/2024. 


Such volatility highlights recent market recognition in Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) and its underlying growth story.


Global Metal Recycling Market: A Growing Industry


The global metal recycling market is witnessing unprecedented growth. Steel leads the charge as the dominant product segment, accounting for over 79% of volume share in 2023. 


Metal recycling enables manufacturers to efficiently convert metal waste into reusable raw materials, offering a cost-effective and environmentally friendly alternative to traditional mining. 


This process conserves natural resources and significantly reduces greenhouse gas emissions—key factors driving adoption across industries.


Rising demand for metals in sectors like automotive, industrial, consumer electronics, and infrastructure has accelerated this growth. 



Combined with increasing urbanization, industrialization, and government initiatives promoting sustainable development, the industry is primed for significant expansion. 

Valued at $295.23B in 2024, the market is projected to grow to an impressive $631.72B within the next 10 years. 


Companies like Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) are well-positioned to benefit from these favorable trends.


Accelerated Momentum: $51M in Shareholder Equity Growth

Sets the Stage for 2025


In 2024, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) achieved what many companies only dream of: a complete overhaul of its fiscal foundation. 


Shareholders’ equity grew by approximately $51M, showcasing the company’s accelerated momentum. 



Over the first nine months of 2024, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) accomplished the following:

  • Increased current assets by 635% to $19.8M.
  • Decreased liabilities by 64%, bringing total liabilities down to a manageable $18.3M.


If those numbers don’t grab your attention, the recent insider activity will. 



In December 2024 alone, company leaders acquired over 1M shares according to Benzinga.

This kind of bold action speaks volumes—it’s a clear signal of confidence in Greenwave Technology Solutions, Inc. (Nasdaq: GWAV)’s path forward.


Government Contracts Fueling Growth

Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) is tapping into the world of government contracts, creating a steady pipeline of revenue and cash flow. A few standout achievements include:


  • A contract worth between $15–$35M tied to Hurricane Helene recovery efforts with the Army Corps of Engineers, running through March 2026.
  • An exclusive agreement to recycle 550K pounds of non-ferrous metals, which is expected to add approximately $2M in revenue across Q4 2024 and Q1 2025.
  • Partnerships for critical infrastructure projects like the Hampton Roads Bridge Tunnel expansion, recycling agreements with municipalities, and multiple federal contracts.



With facilities strategically located near Naval Station Norfolk and the Port of Virginia, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) has positioned itself as a critical player in recycling premium scrap metals from defense contractors, shipyards, and logistics hubs.


Strategic Cost Reduction and Facility Ownership


Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) took decisive steps to reduce its cost structure in 2024. By purchasing the real estate for seven core facilities, the company eliminated approximately $1.7M in annual rent expenses. Owning these properties not only strengthens the balance sheet but also increases operational flexibility—a significant advantage as the company scales.

A Breakthrough Year Ahead


2025 is shaping up to be a major inflection point for Greenwave Technology Solutions, Inc. (Nasdaq: GWAV). 


The opening of Nucor Corporation’s cutting-edge steelmaking facility in Lexington, NC, with a staggering annual capacity of 430k tons, will create a surge in demand for recycled steel. 


As a leading supplier in North Carolina, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) is positioning itself to meet this need.


Strategic Dominance in a Rapidly Consolidating Market


The scrap metal industry is undergoing significant consolidation, and Greenwave has emerged as a dominant force. Operating 13 facilities across key markets, the company holds highly valuable operational licenses, many protected by grandfathered regulations that make it difficult for competitors to enter the space.

Key locations include:


  • Norfolk, VA: A facility near the largest U.S. naval base with a rare automotive recycler/demolisher license.
  • Virginia Beach, VA: The only metal recycling facility in Virginia’s largest city, strategically located near a thriving industrial hub.
  • Portsmouth, VA: Positioned near the Port of Virginia, a crucial point for domestic and international trade.


Recycling Revolution: Greenwave Targets 75% 

Domestic Revenue in 2025


The demand for sustainable, domestically sourced materials has never been stronger. 


Leading U.S. steel producers now aim for over 97% recycled raw materials, a target that plays directly into Greenwave’s strengths. 


The company is also primed to benefit from new trade policies. 


With domestic steel demand surging and tariffs reshaping global trade, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) projects that 75% of its revenue will come from domestic sales in 2025—a sharp increase from 41% in previous years.


Significant Upside Potential in a Competitive Industry


When benchmarked against industry peers, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV)’s performance and growth potential are hard to ignore. 


Consider these recent acquisitions:


  • Sims Metal purchased Baltimore Scrap Corp. for $220M in 2023.
  • Cleveland-Cliffs acquired Ferrous Processing and Trading Co. for $775M in 2021.
  • Steel Dynamics secured Roca Acero for $90M in 2022.


Greenwave’s fiscal performance, strategic relationships, and robust operations suggest it could soon command similar attention in the market.


A Company on the Move


Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) has built a rock-solid foundation for sustained growth. 


From government contracts and reduced costs to insider confidence and major upcoming catalysts, this company is positioned to deliver impressive results in 2025. 


Add to that its competitive edge in a consolidating market, and Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) stands out as a clear leader in the scrap metal recycling industry.


For those paying attention, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) isn’t just another player—it’s a company making all the right moves to shape the future of its industry.


Consider Adding (GWAV) To Your Radar This Week…


Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) has laid a foundation for growth that is impossible to ignore. Recent market momentum has drawn attention, with shares moving approximately 275% in just 7 days, underscoring growing recognition and interest. Combine this with a low float of under 17.5M shares, and it’s clear why the market is watching closely.


Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) has delivered a $51M fiscal turnaround in 2024, strengthening its balance sheet and executing with precision. The company is aligned with the booming $631B metal recycling industry, driven by surging demand for 97% recycled steel and favorable U.S. trade policies. (GWAV)’s projection to generate 75% of its revenue from domestic sales in 2025 highlights its strategic positioning.


Government contracts worth up to $35M further reinforce Greenwave Technology Solutions, Inc. (Nasdaq: GWAV)’s revenue pipeline, while insider confidence—demonstrated through over 1M shares acquired by leadership—signals strong belief in the company’s future.


With all the pieces in place, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) stands ready to build on its momentum, market potential, and strategic initiatives. 


For those paying attention, this is a company making bold moves and driving forward with purpose.


7 Reasons Why Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) is #1 On Our Watchlist Tomorrow…


1. Recent Market Momentum: (GWAV) recently moved approximately 275% in just 7 days, from $0.29 (11/26/24) to $1.09 (12/5/24), reflecting growing market interest and recognition.


2. Low Float: With less than 17.5M shares in its float, (GWAV) has the potential to witness significant swings if demand shifts, as seen in small-float companies.


3. Fiscal Turnaround: In 2024, (GWAV) grew shareholders’ equity by $51M, boosted current assets by 635% to $19.8M, and reduced liabilities by 64%—a clear sign of strong execution.


4. Market Growth Potential: The global metal recycling market is set to grow from $295B in 2024 to $631B by 2034. With steel leading at 79% of volume share, (GWAV) is aligned with these industry trends.


5. Surging Demand: With U.S. steel producers targeting 97% recycled materials and trade policies favoring domestic production, (GWAV) projects 75% of revenue from U.S. sales in 2025, up from 41%.


6. High-Value Government Contracts: (GWAV) secured contracts worth $15–$35M for Hurricane Helene recovery and exclusive agreements for 550k pounds of non-ferrous metals, adding to near-term revenue.


7. Insider Confidence: Leadership acquired over 1M shares in December 2024, a strong vote of confidence in Greenwave Technology Solutions, Inc. (Nasdaq: GWAV)’s path forward.


Make no mistake about it.


Now’s the time to consider adding (GWAV) to your radar.


(GWAV) is #1 on our watchlist tomorrow.


We will have (GWAV) on our screens bright and early tomorrow morning—so be sure to keep an eye out for my early update.



Have a good night.


Sincerely,


Alex Ramsay

Co-Founder / Managing Editor

Krypton Street Newsletter

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