News Formal

TSX-listed crypto company Voyager Digital warns of US$655-million loan default, shares plummet 53 per cent

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

At the end of March, Voyager, which went public in Canada in 2019, had lent $2-billion worth of crypto assets, according to its quarterly filings

stock lost half its value in a single day after management warned of a potential default on a US$655-million loan to a troubled hedge fund, as investors continue to fear financial contagion owing to the crypto sector’s recent crash.

In a notice to investors, Voyager said it originally requested a repayment of US$25-million worth of USDC from Three Arrows by June 24, and that it has since asked for repayment of the entire balance of USDC and bitcoin by June 27. After Wednesday’s disclosure, Voyager’s shares dropped by 53 per cent by closing time. The stock is down 95 per cent since the start of the year, sending the company’s market value tumbling to $148-million from roughly $3-billion in six months.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Pop pop pop

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

BlackBerry, CI Financial shareholders reject companies’ approach to executive payThe companies did not announce the vote totals at their meetings, but both said they had received less than 50 per cent support
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »