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Samson Mow Warns Bitcoin Treasury Companies May ‘Fold’ in a Drawdown


Samson Mow, CEO of JAN3, has expressed concerns regarding the sustainability of various bitcoin treasury companies led by lesser-known CEOs who may lack a deep understanding of bitcoin. In a recent social media post, Mow stated that these companies are likely to “fold” during...

Fold Announces $250M Equity Deal to Bolster Bitcoin Treasury


On Tuesday, Fold disclosed it has secured access to up to $250 million through an equity purchase facility intended primarily to acquire more bitcoin for its corporate reserves. Fold Gains Option to Raise $250M, Primarily for Bitcoin Buys The publicly traded bitcoin financial services company, Fold...

Crypto Carnage Wipes Out $210B This Week—But Some Coins Refuse to Fold


Over the past three days, the crypto market has taken a hit, shedding $210 billion in value since June 11, when tensions first flared between Israel and Iran. Meanwhile, over the past week, bitcoin has dipped 0.8% and ethereum is down 0.1%, but a handful of altcoins have posted double-digit gains...

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