Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
📉 Investors began to realize the collapse of companies.
As soon as the $BTC spot ETF launched, many companies began buying $BTC and $ETH onto their balance sheets, and their shares skyrocketed. I think you remember all that news, and even then I told you that I didn't understand the logic, as the companies themselves were greatly overvalued.
But it was just hype, and companies, realizing this, began buying BTC en masse. As time went on and the market correction intensified, investors realized that buying BTC wasn't helping companies develop. The hype died down.
Now we see a picture of company shares plummeting. On average, the decline in such shares has reached 43%, and for some projects, as much as 99%. Now companies are struggling to pay interest and dividends on bonds and preferred shares issued to finance the acquisition of crypto onto their balance sheets.
The signs are extremely alarming and everything is gradually preparing for a large-scale bear market collapse.