【Blockchain News】According to BlockBeats, on June 2, FTX successfully sold the remaining 15 million shares at a price of about $30 per share, with a total sale price of more than $450 million. The largest buyer was the global venture capital fund G Squared, which acquired about one-third of the remaining shares, or 4.5 million shares, for $135 million. This makes FTX's initial $500 million investment appreciate to about $1.3 billion, with a profit of about $800 million, which is really a big profit! 😉
Behind this transaction, in fact, FTX faces bankruptcy-related legal and administrative expenses that have exceeded $700 million. This stock sale is undoubtedly FTX seeking new sources of funds to cope with these expenses.
It seems that investment in the blockchain industry is not smooth sailing, and there are risks and challenges. However, as long as you seize the opportunity, you can also reap rich rewards. What do you think about this? Welcome to share your views in the comment area, let us explore the future direction of the blockchain industry together!