No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

One AI Chipmaker Trade Blew Up $60 Million in Crypto Bets

Wednesday, July 29, 2026


A Korean semiconductor manufacturer's share price declined, resulting in approximately $60 million in losses for cryptocurrency investors who held leveraged positions in the company's stock.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-29/one-ai-chipmaker-trade-blew-up-60-million-in-crypto-bets

Next story

GOP governor survives challenge from Bitcoin evangelist in gubernatorial runoff