Crypto
AIXC Crypto Holdings Dumps Crypto Portfolio for Robotics Pivot Amid $4.82M Loss
American tech microcap AIXC Crypto Holdings has announced it is liquidating its entire digital asset portfolio and pivoting to the robotics market.
The company, which filed an amendment to its Form S-1 with the SEC on September 4, reported a 50% unrealized loss in its crypto holdings as of August 31.
AIXC's treasury was valued at approximately $4.82 million and included positions in Bitcoin (33.49 BTC), Ethereum ($497.56 ETH), SOL ($6,325.92 SOL), LINK, BNB, ADA, and XRP, which the company described as 'immaterial'.
The decision to exit the crypto market is part of AIXC's effort to relaunch its business through the RoboShare platform.