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10X Research: Retail investors who purchased stocks of digital asset treasury companies have incurred losses of $17 billion.

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According to a report by Jinse Finance, citing Bloomberg, Singapore's crypto asset research firm 10X Research released a report indicating that retail investors who purchased stocks of digital asset treasury companies have incurred losses of up to $17 billion. Analysts pointed out that U.S.-listed companies that choose some small market capitalization tokens as treasury reserves may expose retail investors who buy the company's stocks to risks if market sentiment changes. Bloomberg provided an example in the article:

  1. Tharimmune raised $545 million to establish a Canton Coins treasury, with the financing price for the Canton Token set at $0.20, but the current market price for the token is $0.11;
  2. Alt5 Sigma raised $1.5 billion to establish the WLFI treasury, pricing the WLFI Token at $0.2 during the financing, but the current market price of the token is $0.14.
  3. Flora Growth raised $401 million to establish the 0G treasury, pricing the 0G Token at $3 during its financing, but the current market price of the token is $1.2.
WLFI-2.97%
0G-4.85%
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