TREE NEWS reports: Crypto trader Rune claims to have spent $1.8M OTC to buy 37.4% of a Nasdaq-listed shell company, planning to tokenize its stock on Robinhood Chain and pair it with a meme coin to trigger a short squeeze. The scheme mirrors Strategy’s model in reverse, but faces unverified claims, regulatory risks, and execution hurdles. This marks an ambitious but unconfirmed attempt to bridge meme coin speculation with small-cap US equities.
Trader Buys 37.4% of Nasdaq Shell, Plans Meme Coin Short Squeeze
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Crypto-related US stocks dip 0.08%, week up 12.05%
2h ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone
3h ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week
4h ago
US Jobs Report Knocks Bitcoin Below $81,000
4h ago
Pineapple Financial to tokenize $10B mortgages on Injective
4h ago
FinCEN: $13B in crypto scams tied to non-US operations