Crypto Firm Seeks Loan Amid $1.5M Debt, Bitcoin Struggles
A crypto firm holding millions in Solana is facing financial difficulties and seeking a loan to survive.
The company, which remains unnamed, has only $4,000 left in cash and owes $1.5 million in debt.
This news comes as Bitcoin struggles to turn the US GDP miss into a bullish catalyst, despite strong spending that is backing the Fed's caution.