US Stocks Crypto Reserve Companies Experience General Decline, ABTC Drops More Than 17%
BlockBeats News, September 4th, the stock prices of US crypto reserve companies experienced a general decline, including:
American Bitcoin (ABTC) down 17.2%;
MicroStrategy (MSTR) down 2.62%;
SharpLink Gaming (SBET) down 7.77%;
Bitmine (BMNR) down 7.2%;
BTCS (BTCS) down 3.79%;
ALT5 Sigma (ALTS) down 15.18%.
Previously reported, Nasdaq is enhancing its scrutiny of listed companies' investments in cryptocurrency. Previously, some companies had raised funds to purchase crypto assets, thereby boosting their stock prices. However, Nasdaq has expressed concerns about this behavior, believing it may pose risks of misleading investors, and has therefore decided to strengthen regulatory efforts. Currently, Nasdaq has not publicly disclosed specific regulatory measures, but it is expected to require relevant companies to disclose detailed information about their crypto asset investments, including investment size, strategy, and potential risks. In addition, Nasdaq may conduct special reviews of companies engaging in frequent cryptocurrency trading to ensure their behavior complies with market norms.
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