The BNB company Windtree Therapeutics, which claimed to purchase BNB, went bankrupt after being delisted from Nasdaq. Its capitalization fell by 77%. This shows that loud statements about working with crypto do not save from bankruptcy.
Artur Mardanyan
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Bearish
$BNB
😳 The First Bankruptcy of a 'Crypto' Company
The BNB company Windtree Therapeutics, which claimed plans to buy BNB for its corporate balance sheet, collapsed after news of its stock delisting from Nasdaq. In one day, its market capitalization plummeted by -77%.
📉 As a result: loud statements, minimal investments in crypto — and almost complete bankruptcy.
⚡️ The situation underscores: the hype around 'public crypto companies' carries just as many risks as opportunities. The louder the market celebrates news of purchases from new players, the higher the likelihood that weak projects will fail and collapse.
❗️ Risks are systemic: if something similar happens not with a small issuer, but with giants like Strategy or BitMine — the consequences for the market will be much more serious.
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