VERB Technology Company announced the acquisition of TON assets valued at 780 million USD, including 713 million USD in Toncoin and 67 million USD in cash. This strategy aims to bolster its position in the altcoin market.
Investor sentiment is mixed regarding altcoin treasury strategies, as some companies report gains while others face declines. Although VERB’s stock price surged after the private placement, the wider market response remains uncertain.
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