One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash

The June 30 loss was unrealized, but a $7. 8 million credit-loss allowance and 109% share-count increase sharpen the capital-allocation test. The post One of Worldcoin’s largest corporate holders now sits on a $207M loss after losing its primary source of cash appeared first on CryptoSlate .

Source: [CryptoSlate](https://cryptoslate.com/one-of-worldcoins-largest-corporate-holders-sits-on-a-207-million-paper-loss-after-losing-its-primary-source-of-cash/)