NB2 has become the only cryptocurrency equity at its 52-week low today, following the collapse of a prior deal to sell Peak Mining last month. The company recently announced that it offloaded its Bitcoin mining unit for $200 million, but it has faced scrutiny over the lack of transparency regarding the buyer’s identity, with governance issues being raised due to the earn-out structure and nondisclosure associated with the transaction.
NB2 offloads Bitcoin mining unit for $200M amid governance concerns
