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Nasdaq-listed crypto treasury avoids cash drain by pushing millions in defaulted SPAC debt onto future equity

CryptoSlate Published 25.08.2026 18:35

Nasdaq-listed StablecoinX's debt restructuring covers $6.879 million of defaulted former-SPAC notes with about $344,000 in cash and two warrant tranches representing approximately 7.62 million potential Class A shares, according to…

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