W

Trumps’ American Bitcoin sinks 8.4% ahead of reverse stock split to stay listed

Business Management
Share
Trumps’ American Bitcoin sinks 8.4% ahead of reverse stock split to stay listed

The Trump sons' American Bitcoin hit a low on Wednesday ahead of the company’s reverse stock split, which aims to buoy shares and keep it on the Nasdaq.

Trumps’ American Bitcoin sinks 8.4% ahead of reverse stock split to stay listed

Trumps’ American Bitcoin sinks 8.4% ahead of reverse stock split to stay listed


Source:Cointelegraph

DisclaimerPlease read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins

The proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition. Source:CoinDesk

Hardware wallet sales in Russia more than double as new crypto rules near

Wildberries’ average price for hardware wallets fell 13% to 7,900 rubles, and M.Video broadened its range of products, though neither retailer identified the…

US spot Bitcoin ETFs post best week since April with $1B inflows

The spot Bitcoin exchangetraded funds registered their thirdstrongest showing since October as institutional demand showed signs of renewed momentum.…

Brazil's central bank orders exchanges to delay large crypto transfers abroad

The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. Source:CoinDesk

Sourcehttps://cointelegraph.com/news/trumps-american-bitcoin-sinks-ahead-of-reverse-stock-split-to-stay-listed