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The Crypto-Treasury Dream Unravels After a 90% Stock Plunge
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The Crypto-Treasury Dream Unravels After a 90% Stock Plunge

Bloomberg Markets · Jun 18, 2026, 1:30 PM

The business model of launching a public company to buy crypto is falling apart. As a result, those in the queue to do so through blank-check companies are facing pressure from investors against a market backdrop that is fiercely unfriendly.

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