The purchase messages are still coming on a quick clip, but the bubble in the Krypto State Company companies jumped some time ago and empties even longer Thursday, as Nasdaq has reportedly seen enough.
The big US stock exchange – how many of these treasury companies are trading – is increasing control of companies aiming for big POPs on their stock prices by raising money for Krypto, according to the information.
According to the report, new NASDAQ requirements will include requiring some companies to get shareholder approval before selling shares for the necessary funds to buy crypto. The exchange, the story continued, could de-list or suspend trading in the shares if companies do not comply.
Combined with 2% -4% decrease in the price of larger cryptos like Bitcoin ether (Eth) and Solana The news is already sending rough Treasury names even lower.
Read more: Bitcoin slides under $ 110,000 as analysts weigh the risk of deeper withdrawal
Friendly (Naka) -As only days ago, his merger with Bitcoin-Holding Company Nakamoto Holdings is down with 16% down on Thursday and now lower by approx. 80% since August 15-Fusion Date. On the current $ 3.46, it is also down by more than 90% since its peak at the end of May, which one could more or less could have been the top of the crypto state box.
Eric and Donald Trump Jr.-led American Bitcoin (Abtc) is lower by 20% just one day after its shares started trading with Nasdaq.
Japanese Hotelier became Bitcoin Treasury Company Metaplanet (MTPLF) is down with 8.6% today and turned off approx. 70% from its late-May-top.
Control of some ether -Statskassen names, bitmine -the lowering (BMNR) is from 8.6% today and 70% from its onset of the July record, and Sharplink Gaming has dropped 10.5% on Thursday and almost 90% from its top-May-top.
Michael Saylor’s strategy (Mstr) ;
