Nasdaq Dem Demand Vote for Crypto-Funded Share Issuances

Nasdaq don introduce new crypto rules wey say public companies must get approval from their shareholders before dem fit issue shares to fund cryptocurrency buys. The rule cover 124 US companies wey dey plan raise $133 billion for token buying, including 94 companies wey dey listed for Nasdaq. If dem no follow the rule, company fit face suspension or delisting, to keep market integrity and protect investors. At first, crypto stocks begin fall—strategy shares drop like 3.5%, BitMine Immersion fall almost 9%, SharpLink Gaming drop 11%, and Ethzilla drop up to 15% before the loss reduce small. Bitcoin fall 2.5% to $109,500, Ethereum drop over 3% to $4,300, and Solana fall 3.5% to about $204, contributing to 2.2% drop in total market cap to $3.8 trillion. Observers talk say this extra shareholder vote fit delay funding, make companies wey dey copy MicroStrategy strategy slow down token accumulation, and reduce momentum for small-cap tokens. Traders dey see Nasdaq crypto rules as bearish sign for crypto stocks and digital assets, fit reduce interest from institutions.