Nasdaq Halts $132 Billion Crypto Treasury Transactions, Requiring Shareholder Approval for Stock Buyouts

Nasdaq has implemented a new rule impacting corporate crypto adoption strategies by requiring shareholder votes before issuing stock to acquire cryptocurrency assets. The move halts over $132 billion in planned transactions and has caused immediate market volatility across stocks and cryptocurrencies. While recovery signs have emerged, the effect on companies like MicroStrategy is significant. This change reflects Nasdaq’s 2025 regulations, aimed at balancing investor protection and innovation, but it remains to be seen how this will reshape the regulatory landscape for the cryptocurrency industry.