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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
By Liam 'Akiba' Wright at 2026-08-12 11:07
Sentiment: Negative
The proposed reverse split can address the $1 bid-price rule, but it cannot replace operating cash. The post 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 appeared first on CryptoSlate. Continue reading...
Categories: Debt
Tags: #Debt #Digital Asset Treasuries #Featured #Investments #Bitcoin #BTC
Source CryptoSlate