Thursday, July 2

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Companies Google Loses Its Appeal Against a Record EU Android Fine Economy A $35 Billion Bet on Small Nuclear Reactors to Power the AI Era Tech OpenAI Is Said to Float Giving the U.S. Government a 5% Stake Crypto A Crypto-Treasury Stock's 73% Crash Is a Warning for the Trend Economy At Sintra, Central Bankers Take the Measure of a New Fed Chief Companies Coca-Cola Plans a $1 Billion IPO of Its India Bottling Arm Economy Singapore Seizes a $42M Mansion in an Nvidia Chip-Smuggling Case Tech Apple Is Said to Ready Its First Foldable iPhone and Five New Models Companies Google Loses Its Appeal Against a Record EU Android Fine Economy A $35 Billion Bet on Small Nuclear Reactors to Power the AI Era Tech OpenAI Is Said to Float Giving the U.S. Government a 5% Stake Crypto A Crypto-Treasury Stock's 73% Crash Is a Warning for the Trend Economy At Sintra, Central Bankers Take the Measure of a New Fed Chief Companies Coca-Cola Plans a $1 Billion IPO of Its India Bottling Arm Economy Singapore Seizes a $42M Mansion in an Nvidia Chip-Smuggling Case Tech Apple Is Said to Ready Its First Foldable iPhone and Five New Models

Topic: avax

Cryptocurrency coins in snow, illustrating a market downturn

Thursday, 7/2, 07:45 AM

A Crypto-Treasury Stock's 73% Crash Is a Warning for the Trend

Shares of Avalanche Treasury Co., a company built to hold the AVAX token on its balance sheet, have fallen about 73% since debuting on Nasdaq last month.
The collapse is a warning sign for the fast-growing class of 'crypto treasury' companies — publicly traded firms whose whole purpose is stockpiling a cryptocurrency.

avax — news and stories on this topic

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