The First Bankruptcy of a 'Crypto' Company

The BNB company Windtree Therapeutics, which announced plans to buy BNB for its corporate balance, collapsed after news of its stock delisting from Nasdaq. In just 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 it does opportunities. The louder the market cheers news of purchases from new players, the higher the likelihood that weak projects will not withstand and will crumble.

❗️ The risks are systemic: if something like this happens not with a small issuer, but with giants like Strategy or BitMine — the consequences for the market will be much more serious.