Zerostack's future in doubt after 0G price plunge

Nasdaq-listed Zerostack's plan to fund operations by selling staking rewards from its 0G holdings has been thrown into doubt by a sharp drop in 0G prices, putting the company's ability to continue as a going concern in question, CryptoSlate reported. As of June 30, Zerostack held 75.1 million 0G worth $15.17 million, down from $163.33 million at the time of acquisition. In the first half, the company received a total of 6.62 million 0G in staking rewards and sold 4.94 million 0G for $2.4 million in cash. On July 20, Zerostack acquired Texas Blocker, bringing its total 0G holdings to 223.77 million.