1D·

Defi is noisy...

$DEFI (-15,94 %)


DeFi Technologies has revised its revenue forecast for 2025 downwards from USD 218.6 million to USD 116.6 million. The reason given is delays in exploiting arbitrage opportunities due to "the increase in digital asset treasury companies and the consolidation of digital asset prices", which has temporarily reduced arbitrage activities.


The company also announced a change in management:

Co-founder Johan Wattenström will assume the position of CEO and Executive Chairman, while Olivier Roussy Newton will move to the role of Advisor(Strategic Advisor).


https://de.investing.com/news/company-news/defi-technologies-umsatzruckgang-im-dritten-quartal-und-gesenkte-jahresprognose-93CH-3235480

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13 Comentarios

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Ouch, that hurts😢. Actually a fan and also torn down hard in my portfolio today...
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@All-in-or-nothing YTD -60% 12 months even worse. Is this a great stock?
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@All-in-or-nothing always sleep, never look
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@Smudeo about exactly like this😅🤷🏼‍♂️👍🏻.
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@All-in-or-nothing I cried with you. The only way is up...
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Strategy has also lost 35% in one month. Not a good time in the crypto world. Bad news is another catalyst
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Katastrophe 😞
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@Wollitz
My dear. We must remain brave
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@Tenbagger2024 probably true. There's currently no going back.
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@Wollitz
I don't think so either
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Oh no, I got out this week, after intellego I wouldn't have been able to cope with it 😅
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That just happens at some point with hype stocks 😕
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