Nasdaq-listed company warned it may not survive 12 months after its crypto treasury crashed 46%
Its crypto holdings were $1.44 million below cost at June 30, while outstanding shares climbed 145% by Aug. 18. The post Nasdaq-listed company warned it may not survive 12 months after its crypto treasury crashed 46% appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030
Bitcoin Magazine Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030 Coinbase CEO Brian Armstrong has said that it’s “very likely” Bitcoin will hit between $300,000 to $400,000 by 2030. Speaking on Fox Business Thursday, the crypto entrepreneur also said that the U.S. was moving in the right…
XRP Notches Best Week Since 2024 Election Pump on Bitcoin Short Squeeze
The token's steepest daily and weekly gains in months rode Bitcoin's record liquidation wave—though ETF flows and futures data hint the move is running on borrowed momentum.
Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Massive Cyber Campaign
Seventeen alleged members of Iran-based Mabna Institute were charged over hacks targeting hundreds of universities, companies, and government agencies.