News
Significance:
6/10

Nasdaq puts $132 billion crypto treasury rush on hold with surprise vote rule

https://cryptoslate.com/nasdaq-puts-132-billion-crypto-treasury-rush-on-hold-with-surprise-vote-rule

Liam 'Akiba' Wright

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
New Nasdaq rule adds procedural hurdles for companies seeking to acquire Bitcoin for their treasuries.
Bearish
Shareholder approval requirement may slow down Ethereum acquisitions for corporate balance sheets.
Bearish
The exchange's new rule is seen as a regulatory hurdle for crypto-treasury strategies.