Bitcoin24h $67,541.19+0.34%

Ethereum24h $1,986.32+1.75%

BNB24h $623.90+0.74%

XRP24h $1.34-1.23%

Solana24h $83.19+0.39%

TRON24h $0.2882+0.61%

Dogecoin24h $0.0901+0.93%

Cardano24h $0.2556+1.37%

Bitcoin Cash24h $447.37-0.50%

UNUS SED LEO24h $9.06+0.28%

Wall Street loves selling crypto treasury stocks

It’s difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.

Joe Lubin’s Sharplink crashes 91% in two weeks amid ETH treasury panic

Sharplink Gaming was supposed to be the leading example of an Ethereum treasury company. Its shares are 91% off all-time highs.

MicroStrategy’s Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.

More crypto firms are choosing to publicly list their stock, but exactly how well are those stocks performing?

RoaringKitty took to Reddit to share his portfolio which appears to hold $115M in GameStop stock and ~$66M in GameStop call options.