Arthur Hayes Explains That AI Companies’ IPOs Could Negatively Impact the Crypto Market! Here Are the Details
Photo: Bitcoin Sistemi
BitMEX founder Arthur Hayes warned that the sell-off in stocks following the IPOs of major technology and AI companies like SpaceX, Anthropic, and OpenAI could negatively impact the cryptocurrency market. Hayes stated that the large amount of shares these companies could release into circulation after their initial public offerings could put downward pressure on prices in the technology sector. According to Hayes' assessment, it is possible for approximately 8.6 billion shares of SpaceX to be released from sales restrictions by the end of June 2027.
Source: Bitcoin Sistemi
