SEC Halts Trading in Stock of Company That Announced Investments in Bitcoin (BTC), Ethereum (ETH) and Solana (SOL)

The SEC halted trading in QMMM Holdings' stock after its shares, traded on Nasdaq, surged 959%. The U.S. Securities and Exchange Commission (SEC) has temporarily halted trading in Nasdaq-listed QMMM Holdings after its shares surged 959% in the past three weeks. The sharp rise in QMMM Holdings' shares is linked to a new plan the company recently announced. The company announced plans to establish a $100 million diversified crypto treasury that will invest in leading crypto assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This development has increased investor interest and led to unusual volatility in its share price.