🚨 SEC INTERRUPTS TRADING AFTER SHARES SOAR 1,000% WITH ANNOUNCEMENT OF TREASURY IN CRYPTO 🚨
Last Friday (29), the SEC suspended trading of QMMM Holdings after the company's shares jumped from $12 to $200 — an increase of over 1,500% in September.
📌 The reason?
QMMM, based in Hong Kong, announced an allocation of $100 million in Bitcoin, Ethereum, and Solana, sparking strong retail interest. The SEC suspects market manipulation fueled by recommendations via social media.
🧠 WHAT DOES THIS REVEAL?
✅ Treasuries in crypto are gaining strength
✅ Corporate adoption of $BTC , $ETH and $SOL continues to rise
⚠️ But regulatory oversight is also intensifying
📊 Current outlook:
💼 Almost 200 public companies already hold over $112 billion in crypto
🔐 More than 1 million BTC is in corporate hands
💡 The use of digital assets as a corporate store of value is ceasing to be an exception — it is becoming the norm
At Binance, we believe that innovation with responsibility is the path to sustainable growth in the industry. Institutional adoption is real — and it is still just beginning.
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