How Are Shares of Bitcoin Treasury Companies Performing Amid Private Fundraises? (CryptoQuant)
As Bitcoin adoption grows, more companies seek additional methods of raising funds to acquire the leading digital asset. Most have turned to Private Investment in Public Equity (PIPE) programs; however, these moves have backfired on their shares.
A report from the market analysis platform CryptoQuant revealed that the shares of most Bitcoin treasury entities that raised capital through PIPE programs have plummeted significantly. Worse still, others face the risk of further decline.
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How Are Shares of Bitcoin Treasury Companies Performing Amid Private Fundraises? (CryptoQuant)
As Bitcoin adoption grows, more companies seek additional methods of raising funds to acquire the leading digital asset. Most have turned to Private Investment in Public Equity (PIPE) programs; however, these moves have backfired on their shares.
A report from the market analysis platform CryptoQuant revealed that the shares of most Bitcoin treasury entities that raised capital through PIPE programs have plummeted significantly. Worse still, others face the risk of further decline.
Read More