One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

The token rewards roughly matched its non-GAAP cash-cost proxy but remained unsold as warrants for up to 33.5 million shares became exercisable. The post One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker…