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One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash

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The June 30 loss was unrealized, but a $7.8 million credit-loss allowance and 109% share-count increase sharpen the capital-allocation test. The post One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its pri…

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One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash
CryptoSlate Press Releases 2h ago

One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash

The June 30 loss was unrealized, but a $7.8 million credit-loss allowance and 109% share-count increase sharpen the capital-allocation test. The post One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its pri…