CryptoSlate

This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stash

This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stashWorldPing

The 7,500-BTC holder’s filing separates a noncash crypto loss from equity sales that supported its operating runway.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

Related news

The SEC meeting that wasn't: State of CryptoWorldPing
CoinDesk

The SEC meeting that wasn't: State of Crypto

There were hopes that regulators could move if the Clarity Act didn't advance, but those, too, may be paused.

Brief by WorldPing · Original reporting by CoinDesk

Saylor: Bitcoin Drops 47% While Strategy’s STRC Gains 9% in a YearWorldPing
Bitcoin.com

Saylor: Bitcoin Drops 47% While Strategy’s STRC Gains 9% in a Year

Michael Saylor said Strategy’s STRC preferred stock gained 9% over one year while bitcoin lost 47%. The chart leaves out the company’s common stock, which closed roughly 76% below its level a year earlier.

Brief by WorldPing · Original reporting by Bitcoin.com