IBM shares fell about 25% on July 14, marking the company’s biggest one-day drop since 1968, after it projected second-quarter revenue of roughly $17.2 billion, well below expectations. The shortfall was tied to a shift in enterprise spending, with customers moving budget away from traditional software licenses and into AI infrastructure. The update points to mounting pressure on IBM’s legacy businesses as demand patterns change across corporate technology budgets.
IBM had previously moved into blockchain-related services with the launch of Digital Asset Haven, a digital asset custody platform introduced in October 2025. But that business has not been enough to offset weakness in the company’s core operations. According to the report cited by Techub, IBM is facing pressure on two fronts: contraction in its traditional technology business and an insufficient contribution so far from newer strategic areas.
IBM shares dropped about 25% on July 14, the company’s largest one-day decline since 1968, according to a Techub report citing CryptoBriefing.
IBM said it expects second-quarter revenue of about $17.2 billion, far below expectations. The company linked the shortfall to a shift in enterprise spending, with customers moving budgets from traditional software licensing to AI infrastructure.
In October 2025, IBM launched Digital Asset Haven, a digital asset custody platform, as part of its push into the blockchain sector. That business, however, has not offset the decline in IBM’s core operations. The company is now facing pressure from a shrinking traditional technology business and limited traction so far in newer areas.
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