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$8.2 million company with stock down 99.8% to invest $500 million in crypto, 50% down since Jan. What could possibly go wrong?

Alexey Borovets
June 14, 2025
$82-million-company-with-stock-down-998%-to-invest-$500-million-in-crypto,-50%-down-since-jan.-what-could-possibly-go-wrong?
$8.2 million company with stock down 99.8% to invest $500 million in crypto, 50% down since Jan. What could possibly go wrong?
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Nasdaq-traded company from Austin, Texas, Interactive Strength, made headlines by betting big on AI tokens. It announced setting up a crypto treasury and investing $500 million in Fetch AI token (FET). The problem is that the company is far from…

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