Crypto treasury company ZeroStack suffers massive loss of $82.5 million, issues going concern warning
Source:
cointelegraph.com
Financially, the company has only US$2.6 million in cash remaining, working capital is negative US$600,000, and accumulated losses amount to US$339.1 million. The company relies primarily on 0G token staking rewards and token sales to sustain operations—staking revenue in the first half of the year was US$3.8 million, and it sold approximately 4.9 million tokens to generate US$2.4 million for daily expenses.