DeFi Technologies Shares Plunge Following Drastic Forecast Cut and Leadership Shake-Up

DeFi Technologies is facing intense selling pressure after releasing third-quarter results that revealed a sharply reduced annual outlook and an unexpected change in executive leadership. The company’s stock plummeted as investors reacted to the disappointing financial performance and revised guidance.

In a move that stunned market participants, DeFi Technologies dramatically reduced its revenue projection for 2025. The company now anticipates generating just $116.6 million, down 47% from its previous forecast of $218.6 million. This substantial revision undermines the growth narrative that had supported investor confidence throughout the year.

The company attributed the downward adjustment primarily to external market pressures affecting its arbitrage trading division. Increased competition and consolidation in digital asset Read more...