World Liberty Financial sold tokens to Hut8 at 0.25 dollars…"Not newly issued · Not dilutive"
Suehyeon Lee
Summary
- World Liberty Financial said it sold tokens to Hut8 at 0.25 dollars.
- It said the sold tokens were not newly issued but were quantities from the existing foundation treasury.
- It said World Liberty Financial is trading on CoinMarketCap at 0.2011 dollars, down 4.06% from the previous day.
World Liberty Financial (WLFI) appears to have sold tokens to mining company Hut8.
On the 4th (local time), World Liberty Financial said on X, "We sold tokens to Hut8 at 0.25 dollars and used them as company assets. The tokens transferred were not newly issued, but quantities from the foundation treasury to satisfy the sales proceeds."
It added, "We thank Hut8 for its support as a long-term partner." Meanwhile, World Liberty Financial is currently trading on CoinMarketCap at 0.2011 dollars, down 4.06% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)