Significant Stock Price Decline Observed in Bitcoin Treasury Companies Post-PIPE Investment, CryptoQuant Analysis Shows

On the 25th, data analytics firm CryptoQuant analyzed the performance of cryptocurrency treasury companies that had raised funds through PIPE (Private Investment in Public Equity) and their subsequent stock price performance. The findings revealed that many of these companies experienced substantial stock price declines, ranging from 42% to 97%. This downturn was primarily attributed to sales conducted by PIPE investors. PIPE refers to a financing option where publicly listed companies sell newly issued shares (or convertible bonds) directly to a select group of accredited or institutional investors, bypassing public offerings.