# AIxCrypto burned 97% of its cash, then handed $12 million to the company that controls it

A pre-revenue company routed $12 million into securities issued by its own controlling shareholder, and closed the half-year with $577,328 left in the bank. Compress AIxCrypto Holdings' first six months into a single sentence and that is it. The cash and cash equivalents line fell from $19.33 millio

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| Published | 10 August 2026 |

Source: https://egamers.io/aixcrypto-burned-97-of-its-cash-then-handed-12-million-to-the-company-that-controls-it/