$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares

Share

Nasdaq-listed Digital Currency X Technology Inc. shareholders will vote September 3 on a 160-for-1 reverse stock split, the company’s second consolidation of 2026 following a 12-for-1 action in January, aimed at restoring issuance capacity to 3 billion shares. The company’s treasury held 157.45 million EDGEAI tokens valued at approximately $402 million as of December 31, 2025. A private placement in early July issued 331,753,557 units, bringing total Class A shares to at least 351,577,184 before any warrant exercise.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles