Cryptocurrency
fromArs Technica
1 day agoCrypto hoarders dump tokens as shares tumble
Many companies are selling crypto treasuries to fund buybacks, service debt, and stabilize share prices, signaling strain on the crypto-treasury model.
Roubaix Capital, LLC fully liquidated its stake in Magnite , selling 260,735 shares during the third quarter of 2025, according to a filing with the Securities and Exchange Commission dated November 12, 2025. The transaction value was $6,288,928, based on the average share price for the quarter. No shares of Magnite were held by the fund at quarter end. Roubaix Capital sold out of Magnite, reducing the position from 3.0% of AUM in the prior quarter to zero.