BTCS CEO: Naked Short Selling Must Be Stopped, Aiming to Increase Market Cap Through Stock Price Appreciation Rather Than Share Dilution
BlockBeats News, August 12th, BTCS CEO Charles Allen of the U.S. listed company BTCS stated, "Naked short selling is a predatory behavior that manipulates the market by artificially increasing market supply, driving down prices, and diluting the legitimate rights of shareholders. This behavior harms true long-term retail investors and must be stopped."
"Today, we believe that short sellers are betting on a decline in the BTCS stock price, expecting us to irresponsibly sell billions of dollars of stock through an At-The-Market (ATM) offering, allowing them to buy back at a lower price. As I have said before, my goal is to increase market value through stock price appreciation, not reckless share dilution."
BTCS Inc. (BTCS) currently holds 70,000 ETH, valued at approximately $299.4 million, with a 30-day holding increase of 379.64%.
Te puede gustar
Ganadores
Últimas noticias cripto
Cierta Mano de Diamante PIPPIN eligió vender después de mantener la moneda durante más de 1 año, obteniendo un beneficio del 4066%.
Una dirección ICO con 40.000 ETH, que había estado inactiva durante más de 10 años, se ha activado para depositar el ETH en estaca.
Zama: La venta de tokens de subasta neerlandeses comenzará el 12 de enero
Michael Saylor insinúa más compras, el trader 100% win-rate predice que el mercado volverá a marchar largo
Analista de BiyPay: La Bolsa de Hong Kong da la bienvenida al primer gigante del cumplimiento de criptomonedas
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]