OceanPal’s $120 Million NEAR Push Sends Stock Plummeting By Nearly 21%

OceanPal Inc. announced that it has raised $120 million to launch its digital asset treasury strategy, centered on the NEAR Protocol’s native token. The Nasdaq-listed shipping firm becomes the latest traditional company to diversify into digital assets, reflecting a broader trend of corporate adoption across the crypto sector. Still, OceanPal’s shares fell following the announcement, highlighting possible investor skepticism about its pivot toward blockchain-based holdings source: https://beincrypto.com/oceanpal-secures-120m-pipe-near-protocol-pivot/