Unprofitable companies are rushing into crypto ❌💸

When the old business collapses, now it is enough to rebrand and declare itself a "crypto-company" 🪙✨. This scheme is already being used by many large businesses.

🔎 How it works:

• The medical company Helius Medical became Solana Company and bought SOL 📈

• KindlyMD merged with Nakamoto Holdings and turned into a public "bitcoin reserve" ₿🏦

• AgriFORCE decided to hold AVAX instead of agricultural assets 🌽➡️🔗

📊 The template is the same: the company announces the purchase of crypto, sometimes changes its name — stocks soar 🚀. After that, it is easy to attract money through bonds or additional emissions 💵.

💡 Why this is needed:

--

1. Hype 🔥 — statements about crypto instantly attract traders.

2. Money 💰 — the rise in stock prices gives a chance to attract capital again.

⚠️ What is the risk:

The SEC is already blocking such "pump companies" 🚫📉 (example: QMMM Holdings +2000% in a day and suspension of trading). In 2017, the wave of rebrandings ended with delistings and fines 🧾🔨.

👉 For serious players (for example, MicroStrategy), the strategy may be well thought out. But for the majority, the goal is simple — to drain as much money from the market as possible 🪙➡️🕳️.

#MarketUptober #BTCPriceVolatilityNow #news #BinanceSquareFamily #Write2Earn