The explanation of the impact of regulation on cryptocurrency stock companies is very good. It restricts cryptocurrency stock companies from raising funds by diluting shareholder equity. Imagine a company with a market value of only 500 million wanting to raise another 500 million in the market, which would dilute the original shareholders' equity by half. The biggest impact is on the speculative microstrategy companies and the microstrategy companies related to ETH. This will freeze two parts of the funds: 1. The microstrategy of altcoins, which will find it difficult to raise funds again after the first round. 2. The financing method of ATM. Companies that are not significantly affected are those that fully control cryptocurrency stock companies, whose financing method is not ATM, like their own shadow companies. If I remember correctly, those that meet the criteria include microstrategy companies for SUI, SOL, BNB, and TRON. Some even changed their names directly, and they use...
The token securitization DAT model has hit the brakes. Today, the stock prices of all US companies of the DAT type, including MicroStrategy, have plummeted. The main reason is this: Nasdaq is strengthening its scrutiny of listed companies that use financing to purchase cryptocurrencies to inflate their stock prices. The specific requirement is that some companies must obtain shareholder approval before issuing new shares to buy cryptocurrencies. The most direct impact here is: 1. For DAT companies that are in preparation, unless they completely acquire the shell stocks of the US stock market (100% acquisition), they must hold a shareholder meeting and conduct a vote before they can first announce the transformation to the DAT micro-strategy model. In fact, this increases the operational costs and cycles for new DAT treasury companies. 2. For listed companies that have already transformed into the DAT treasury model, any subsequent issuance of new shares must also first hold a...
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