In accordance with Bijié Wǎng, according to chain analysis platform Lookonchain, 82 institutional investors, including BlackRock, Vanguard, and UBS, collectively hold approximately 4.07 million shares in microgrid company NXXT. The company's annual revenue has grown by about 196%, with a market cap of around $250 million and a price-to-revenue ratio of 4 times, significantly lower than the industry's 10-15 times. The U.S. microgrid market is projected to grow from $5.2 billion in 2024 to $25-30 billion by 2030, supporting the development of smart city power systems.
BlackRock and Other Major Investors Hold 4.07 Million Shares in Microgrid Company NXXT
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