For the past few years in BTC and past year in ETH, companies have been raising funds by selling stock to buy Crypto. Of course Microstrategy is the most well known company that was doing this, but lots of other companies were doing this for everything from, BTC, ETH, Doge, Solana, CRO. Needless to say a lot of money was raised buying the top.

Now that crypto appears to be in an endless nosedive how low does Bitcoin and ETH need to go before we see these same holding companies have to liquidate positions in order to pay back investors?

submitted by /u/GabeSter [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading Zero-dollar Bitcoin? A growing narrative is bubbling up.