US EditionCrypto Stocks Tumble Following Report of Nasdaq’s Increased Scrutiny of Digital Asset Treasuries
8 Articles
8 Articles
A Look At Nasdaq’s Increased Scrutiny of Companies with Crypto Treasuries, as Kraken Acquires Breakout
Nasdaq has intensified oversight of publicly listed companies holding significant cryptocurrency assets, aiming to protect investors and maintain market integrity. The new rules require these companies to obtain shareholder approval before issuing new shares to fund crypto purchases. This move targets firms following the model pioneered by MicroStrategy (now Strategy), which holds over 636,505 BTC. […] The post A Look At Nasdaq’s Increased Scrut…
Nasdaq Tightens Rules On Crypto Treasury Raises After $98B Fundraising Surge » News.ng
Nasdaq is ramping up oversight of how public companies raise funds to buy cryptocurrencies, a move that signals Wall Street’s growing unease with aggressive digital asset treasury (DAT) strategies. According to reporting from The Information, the exchange has introduced stricter requirements for shareholder approvals and disclosures, aiming to bring more accountability to firms that funnel equity proceeds directly into crypto purchases. The poli…
Following the example of Strategy, many publicly traded companies decide to accumulate cryptocurrency in their cash flow. A situation in which Nasdaq seems to want to impose stricter rules. Read more Hard hit for crypto cash - Nasdaq wants to strengthen its surveillance appeared first on Cryptoast.
Crypto Briefing
CheckCryptoNewsCrypto stocks plunge on new Nasdaq rules as Bitcoin slips under $110K
Crypto stocks and Bitcoin fell after Nasdaq required shareholder approval for firms issuing stock to buy crypto, tightening oversight. The post Crypto stocks plunge on new Nasdaq rules as Bitcoin slips under $110K appeared first on Crypto Briefing.
Nasdaq Ramps Up Scrutiny on Crypto Buys to Prevent Stock Inflation
Nasdaq Inc. is intensifying its oversight of publicly traded companies that are aggressively accumulating cryptocurrencies, aiming to curb practices that could artificially inflate stock prices. According to a recent report, the exchange is scrutinizing firms that raise capital specifically to purchase and hold digital assets like Bitcoin, a move that has sparked a surge in share values for some entities. This heightened vigilance comes amid a b…
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