Tag Archives: Moneylosing

Money-losing companies with colorful histories have pivoted to crypto

Money-losing companies with colorful histories have pivoted to crypto

A marketer of shark-repellant sunscreen. A maker of chocolate-flavored whiskey. A seller of a drink that promises to quickly lower blood-alcohol levels. Until recently, these businesses had significant losses and floundering stock prices in common. Now, they’re members of a legion of publicly traded companies helping to power one of the biggest trends in markets and the crypto industry. So …

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