OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor, Coatue Management, marked down its investment from $120 million to $13 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
OpenSea’s co-lead investor, Coatue Management, marked down its investment from $120 million to $13 million.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s le...
Bitcoin (BTC) Price Today: Michael Saylor’s Strategy Reports $8.3B Loss as BTC Slides Below $64K
The BTC move comes shortly after Strategy reported an $8.33 billion operating loss for the second quarter of 2026, including an $8...
Morgan Stanley Ethereum and Solana ETFs outperform rivals as second-day inflows reach $33 million
Morgan Stanley’s new Ethereum and Solana exchange-traded funds drew $33 million on their second trading day, outperforming larger...
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
SOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it fa...
Coinbase Posts $359 Million Q2 Loss as Revenue Falls 14%, but Market Share Hits Record 10.3%
Coinbase reported $1.22 billion in second-quarter revenue on Thursday, down 14% from the first quarter and short of the roughly $1...
Lite Strategy Funds $5.4M Buyback With Litecoin Sales And Covered Calls
Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to f...