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EconomyZero-revenue public company copied Michael Saylor with a Bitcoin deal — and its stock crashed 25%

Alpha Modus agreed to issue more than 10 times its existing share count and warrants to 10 non-US investors in exchange for 3,170 Bitcoin. Shares fell 25% after the announcement. The unsigned transaction is intended to strengthen equity and help preserve the Nasdaq listing, but would heavily dilute shareholders; the company has no revenue and faces substantial going-concern doubt.

Alpha ModusBitcoinNasdaqshare dilution

CCryptoSlate★★☆☆☆2026-08-28 12:50Original

Zero-revenue public company copied Michael Saylor with a Bitcoin deal — and its stock crashed 25%
Zero-revenue public company copied Michael Saylor with a Bitcoin deal — and its stock crashed 25%Economy