CryptoSlate

After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasury

After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasuryWorldPing

The proposed reverse split can address the $1 bid-price rule, but it cannot replace operating cash.

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

Read the full report at CryptoSlate

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