“The Majoor US Exchange Will Require at Least Someones to Get Shareholder Approval Prior to Raising Money to Buy Crypto, Accounting To The Information.”, – WRITE: www.coindesk.com
This Majoor US Stock Exchange – WHERE MANY OF TESE Treasury Companies Trade – Is Uping Scrutiny of Firms Aiming for Big Pops on Their Stock Prices by Raising Money to By.
New Nasdaq Requirements, Account to the Report, Wound Include Requiring Someies to Get Shareholder Approval Prior to Selling Shares for the Funds Necessary to Buy. The Exchange, The Story Continued, Could De-List or Suspend Trading in the Stocks if Firms Fail to Comply.
Combined with 2% -4% Declines in the Price of Major Cryptos Like Bitcoin BTC$ 110.078.46Ether (ETH) and Solana SOL$ 203.06The News is Sending Already Roughed-Up Treasury Names Even Lower.
Read More: Bitcoin Slips Below $ 110k As Analysts Weight Risk of Deeper Pullback
Kindlymd (NAKA)-WHICH ONLY DAYS AGO COMPLETED ITS MERGER WITH BITCOIN-COLDING Company Nakamoto Holdings-is Down 16% on Thursday and Now Lower by About. 15 Merger Date. At the Current $ 3.46, It’s Also Down by More More 90% Since ITS LATE-MAY PEAK, WHICH ONE COURCK
The Eric and Donald Trump Jr.-LED American Bitcoin (ABTC) is Lower by 20% Just One Day After Its Shares Began Trading on the Nasdaq.
Japanese Hotelier Turned Bitcoin Treasury Company Metaplanet (MTPLF) IS DOWN 8.6% TODAY AND OFF About 70% from ITS LATE-MAY PEAK.
Checking Some Ether Treasury Names, Bitmin Immersion (BMNR) IS OFF 8.6% TODAY AND 70% FROM ITS EARLY JULY RECORD, AND SHARPLINK GAMING IS DOWN 10.5%
Michael Saylor’s Strategy (Mstr)-by a very wide margin the first-mover in bitcoin Treasury names-is Holding up Far Better than the Group as a WHOLE, LOWER BY 30% from ITS 2025 High Tocked in Mid-July.
CEO DYLAN FIELD DISTANCED The Company’s Crypto Position from Evangelist Extremes, Saying Bitcoin Is Part of A Diversified Cash Approach.
- In itts First Earnings Report Since Going Public in July, Figma Reveed It Now Holds $ 91 Million in Bitcoin, Part of ITS $ 1.6 Billion Cash Reserves.
- The Company CEO Framed The Move As A Modest Part of A Broader Treasury Strategy, Not A Pivot to Crypto Special.
- Despite Beating Earnings Expectations, Figma’s Stock Fell 18% Thursday, Continuing A Post-POO Slide.
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