Smarter Web loses BTC strategy chief with no successor named
The board retains final authority, but the operating handoff for a 2,712 BTC treasury remains undisclosed while the company carries about 17% leverage.
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The board retains final authority, but the operating handoff for a 2,712 BTC treasury remains undisclosed while the company carries about 17% leverage.
The second senior departure in weeks lands while Grayscale's IPO remains on hold and GBTC's AUM has shrunk to a third of its pre-conversion peak, a tough backdrop for a transition.
Crypto revenue fell to $134M from $252M year-over-year — and the COO exit signals the structural challenge: a retail platform trying to decouple its earnings from the trading cycle that built it.