Category: PACS
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Crypto’s $135M Investment Pays Off: 48 Candidates Backed By PACs Win Nov. 5 Elections
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The cryptocurrency industry has emerged as a prominent political force, with more than $135 million spent in the 2024 election cycle supporting more than 50 candidates across the political spectrum. As of Friday morning, all 48 candidates backed by major cryptocurrency political action committees (PACs) have been declared the winners,…
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Nursing Home Operator PACS Sinks After Hindenburg Short Report
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(Bloomberg) — Shares of nursing home operator PACS Group Inc. fell. by 28% on Monday after Hindenburg Research released a short report alleging that the company was – among other things – “systematically defrauding taxpayers.” Most read from Bloomberg The decline halted volatility in the health care company’s stock, and…