Bitcoin Tumble Sends Thai Tech Stock From First to Last in World

in #bolds • 2 years ago

Just two months ago, shares of Jasmine Technology Solutions PCL rose to the top of the global communications equipment sector after being catalyzed by a Thai firm's plan to embrace bitcoin mining.

Now the picture is completely different. A cryptocurrency route has caused the stock to fall nearly 80% from its peak in April, losing about $ 10 billion in market value and pinning the firm to the bottom of the group.

#snkdh #ybdt
2 years ago in #bolds by
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