Is the BNB price breakout dead? Windtree Therapeutics (WINT) shares collapsed 77% Wednesday after Nasdaq confirmed it will suspend the stock for failing to meet minimum bid requirements.
Windtree only recently made headlines with a
The stock closed at $0.11, down more than 99% year-to-date, according to Yahoo Finance.
At the time, shares rose more than 30%, but the rally quickly reversed. Within weeks, Windtree stock shed over 90%, erasing nearly all investor confidence.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025
The company also disclosed a $500 million equity line of credit with an unnamed institutional investor, as well as a separate $20 million pact with Build and Build Corp. to purchase more BNB. However, Windtree has not revealed how much BNB it currently holds or if it plans to continue the strategy after being forced off Nasdaq.
https://twitter.com/kshitizkapoor_/status/1958437919359910309?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
Windtree’s unraveling is the latest cautionary tale for companies betting on digital asset treasuries. The model, once pitched as a way to add resilience, has instead left several firms overexposed to crypto downturns. Sharplink, holding Ethereum reserves, recently reported steep losses under the same pressure.
Figures from DeFiLlama suggest the problem is systemic: when tokens plunge, treasury-linked stocks follow. Windtree’s reliance on BNB holdings meant its balance sheet was hit at the same time investors were dumping its shares.
DISCOVER: Top 20 Crypto to Buy in 2025
Ironically, as Windtree slid into suspension, BNB was setting its own records, rallying 5.6% to $876.26. The broader crypto market had bounced back from two-week lows, but the gains never translated to Windtree’s balance sheet.
The split underlines a harsh truth that companies tethered to crypto assets don’t automatically rise with the tokens they hold if investors have already lost faith in the business model.
Join The 99Bitcoins News Discord Here For The Latest Market Updates
The post Will NASDAQ Delisting Kill BNB Price Breakout? appeared first on 99Bitcoins.
BNB price has reached a new all-time high near $890, showcasing strong momentum as bulls…
The wait is over. We now know everything we need to know about the Google…
Asia’s wealthiest investors are piling into crypto at record pace, capitalizing on explosive gains, regulatory…
Key Takeaways State Street is the first third-party custodian on JPMorgan's digital debt platform. The…
In 2017, Hulu made television history by becoming the first streaming network to win the Emmy…
Blue Origin and Anduril have landed new study contracts with the U.S. Air Force to…