Strategy confirms Bitcoin purchases are unaffected by new Nasdaq rules

Strategy confirms Bitcoin purchases are unaffected by new Nasdaq rules

Nasdaq’s new rules target increased transparency, but Strategy’s operations will move forward without changes to its digital asset approach.

by Vivian Nguyen | Powered by Gloria

Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans remain unaffected.

The stock exchange reportedly introduced requirements mandating companies to obtain shareholder approval before issuing new shares for crypto purchases.

The rules aim to enhance transparency around corporate crypto investment strategies, particularly as more companies add digital assets to their balance sheets.

Companies that fail to comply with these new requirements could face delisting or trading suspensions.

Crypto stocks plummeted following reports of Nasdaq’s heightened scrutiny over stock listings.

Strategy confirms Bitcoin purchases are unaffected by new Nasdaq rules

Strategy confirms Bitcoin purchases are unaffected by new Nasdaq rules

Nasdaq’s new rules target increased transparency, but Strategy’s operations will move forward without changes to its digital asset approach.

by Vivian Nguyen | Powered by Gloria

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Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans remain unaffected.

The stock exchange reportedly introduced requirements mandating companies to obtain shareholder approval before issuing new shares for crypto purchases.

The rules aim to enhance transparency around corporate crypto investment strategies, particularly as more companies add digital assets to their balance sheets.

Companies that fail to comply with these new requirements could face delisting or trading suspensions.

Crypto stocks plummeted following reports of Nasdaq’s heightened scrutiny over stock listings.