AIxCrypto Holdings to Liquidate Crypto Assets Amid Financial Struggles

Nasdaq-listed AIxCrypto Holdings announced plans to orderly sell its entire cryptocurrency portfolio. As of June 30, the company held assets including BTC, ETH, SOL, and BNB with a cost basis of $10.43 million, now valued at $5.21 million, representing a 50% unrealized loss. Facing a cumulative loss of $150.3 million and high cash burn, the company is pivoting its focus toward its RoboShare robot rental platform.