Nasdaq puts $132 billion crypto treasury rush on hold with surprise vote rule

Nasdaq will require shareholder votes before stock issuances used to buy crypto. Strategy shares fell on the news but have clawed back 3% in pre-market trading. The added checkpoint lands directly on a fast-growing playbook in which public companies sell equity or convertibles, then purchase tokens for their balance sheets. The review complements existing listing standards. The post Nasdaq puts $132 billion crypto treasury rush on hold with surprise vote rule appeared first on CryptoSlate.