pull down to refresh

WSJ needs to clarify on whether it's aware of the different use cases when using words like Crypto and Bitcoin.

On June 2, a sports-betting marketing company called SharpLink Gaming SBET -2.45%decrease; red down pointing triangle said it had closed a $425 million private placement led by blockchain company Consensys Software, to become the largest public corporate holder of ether. The announcement, however, sent shares of Nasdaq-listed SharpLink, which is based in Minneapolis, down 28%. The next day, a Canadian renewable-energy company called SolarBank fared better. Its stock closed up more than 1% after announcing its bitcoin treasury strategy.

Also, reading into this excerpt from the article, for them it doesn’t seem to make much of a difference whether it’s a Bitcoin treasury strategy or ETH treasury strategy.

reply

Tbf, in the context of all this treasury stuff, MSTR stock, derivatives, etc, the Bitcoin and crypto distinction has become increasingly void~~

reply
0 sats \ 0 replies \ @xz 11 Jun

That's true. When I read articles from reporters that mainly cover crypto and investing, I just thought they might try to explain things from first principle, occasionally.

reply