Nutrition company secures $48 million funding, pivots away from Bitcoin accumulation strategy. The supplements firm, previously bullish on crypto assets, has officially discontinued its Bitcoin buying initiative following the successful fundraising round. The strategic shift reflects evolving priorities as the company redirects capital allocation post-funding. Market observers note this move adds to broader discussions about institutional appetite for crypto holdings amid volatile market conditions. The reversal signals a notable change in corporate crypto strategy among traditionally non-tech enterprises.
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GasSavingMaster
· 6h ago
Another story of "We now believe in Bitcoin" and then running away, hilarious. Once they get the money, they immediately ditch it. This is the true face of the company.
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token_therapist
· 6h ago
Another institution has run away, it's really outrageous.
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ChainComedian
· 7h ago
After raising funds, you ditch Bitcoin? That's classic "I love coins when I lack money," and now that you have money, you turn hostile. LOL
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NestedFox
· 7h ago
Ha, another one who runs after getting the money. The Bitcoin dream is shattered.
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0xSoulless
· 7h ago
So typical, they raise money and immediately run away. The money from the newcomers is just too easy to take.
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WagmiOrRekt
· 7h ago
Haha, another institution has run away. Right after fundraising, they immediately dump Bitcoin. This tactic is really unbeatable.
Nutrition company secures $48 million funding, pivots away from Bitcoin accumulation strategy. The supplements firm, previously bullish on crypto assets, has officially discontinued its Bitcoin buying initiative following the successful fundraising round. The strategic shift reflects evolving priorities as the company redirects capital allocation post-funding. Market observers note this move adds to broader discussions about institutional appetite for crypto holdings amid volatile market conditions. The reversal signals a notable change in corporate crypto strategy among traditionally non-tech enterprises.