Cathie Wood-backed Solmate Stock Drops Over 90% Amid Crypto Sector Downturn
Solmate (SLMT), previously Brera Holdings, has seen its stock plummet over 93% in the past year after pivoting to a solana treasury model backed by Cathie Wood's ARK Invest. The company rebranded following a $300 million private placement led by Pulsar Group and sold off most of its football club assets.
Tickers: $MSTR
Topics: Corporate Restructuring Cryptocurrency M&A Activity Stock Market Performance