Nasdak tightens the supervision of the treasury companies listed star-news.press/wp

NASDAQ adapts the supervision of companies listed to the audience that contains large amounts of encrypted currency, a step for the stock exchange tires as the protection of the investor. This comes amid the flow of the new treasury companies, which is looking to repeat a model that the Michael Celor strategy has started for the first time.

Nasdak offers a new base for encrypted cabinet companies

According to A report from the informationThe stock market has risen to check it in the companies that download it to encryption and use it as the basic reserve asset. As part of the new censorship, Nasdak directed these companies to obtain the approval of the shareholders before issuing new shares to finance the purchases of encryption.

This requirement guarantees that shareholders understand the Crypto Treasury strategy and its potential impact on the company, positively and robbing. This development comes at a time when the Ministry of Digital Treasury companies continue to appear, which issued shares to collect these encryption assets.

These companies have expanded beyond Bitcoin and Ethereum, focusing on other encryption assets, including Solana, XRP, BNB, Hype, Toncoin and Dogecoin, among others. One of the latest Crypto Treasury companies includes Portage Biotech, which has been renamed the brand to Alphaton Capital and launched the cabinet of $ 100 million.

Bitcoin and ethereum treasury companies are still driving the road

Bitcoin and Ethereum Treasury companies are still the most dominant companies. Bitcontreasuries data shows that there are currently more than 100 Bitcoin treasury companies, led by Michael Saylor’s Startgy.

The strategy currently has 636,505 BTC after buying the last bitcoin of $ 444 million. It should be noted that Silor started the Crypto Treasury Model model a long time ago, as they started buying BTC in 2020.

Meanwhile, strategic ETH reserve data shows that 71 ETHEREUM treasury companies. These companies have a total of 4.71 million ETH ($ 20.27 billion), which represents 3.89 % of the total ETHEREUM supplies. The largest general ETHEREUM General Holder is Tom Lee’s BitMine, which currently owns 1.87 million ETH.

It is worth noting that the strategy, point point, and some other cryptocurrency tools recorded noticeable declines in the stock prices after the revelation of the new NASDAC requirements. Tradingview data shows that strategy shares have decreased more than 2 % today, as they are traded by about $ 322.

Meanwhile, the shares of Ethereum BitMine and Sharplink decreased up to 8.7 % and 9 % a day. However, it should be noted that this development also coincides with the decline in the encryption market, with Bitcoin, Ethereum, and other major assets that record significant decreases.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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