American company jumped about 250% during the beginning of trading on Thursday, after announcing its intention to change the name of the enterprise and its main activity to the technology of "
The US beverage company said it will change its name from "Long Island Iced Tea Corp" to "Long Blockchain Corp." and will shift its focus to exploring investment opportunities in the "
The "plucheen" technology is closely linked to electronic currencies, which have seen record gains over the past period, attracting the interest of many investors around the world.
By 2:41 pm GMT, the company's share rose 240 percent to $ 8.28, after hitting $ 9 earlier in the session.
The US stock exchanges stopped trading on a company linked to the activity of electronic currencies after gains exceeded 2000%.