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Losing over 10 billion dollars over the past year, is HYBE in crisis?
HYBE’s stock is down 70% from peak to below IPO due to talk of no exemption/special service
HYBE wants to reduce their dependence on BTS, so they have been investing in AI and IT technology, as well as NFT’s
They just acquired Superton, an AI voice developer for 40 million dollars
Uncertainty over BTS’ enlistment has wiped over 10 billion dollars over the past year from HYBE’s market cap
HYBE has been entering various industries to reduce their dependence on BTS
Is HYBE in crisis?
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