Shares of Nasdaq-listed Farmmi Inc. (FAMI) briefly surged more than 66% and were last seen at $0.1981, according to data from MSX.COM. The move came after trader Rune said he had spent about $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company with a market capitalization of roughly $4.8 million. Rune also said he plans to tokenize the related equity on Robinhood Chain and launch a meme coin paired with the tokenized stock. At this stage, there is no confirmation that the company referenced by Rune is Farmmi. The reported share-price spike and the earlier statement have drawn attention to possible links between the two, but the connection remains unverified based on the available information.
Nasdaq-listed Farmmi Inc. (FAMI) briefly rose more than 66% and was quoted at $0.1981, according to MSX.COM data.
Earlier, trader Rune said he had spent about $1.8 million to acquire a 37.4% stake in a Nasdaq-listed company with a market capitalization of about $4.8 million. He also said he plans to tokenize the related equity on Robinhood Chain and launch a meme coin paired with the tokenized stock.
There is currently no confirmation that the company Rune referred to is Farmmi.
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