ZeroStack reports an $82.5 million fair value loss in Q2 2026

According to Cointelegraph, Nasdaq-listed crypto treasury company ZeroStack disclosed in its Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC) that, as of June 30, 2026, the fair value of its holdings of 75.1 million Zero Gravity (0G) tokens amounted to $15.2 million, representing a decline of approximately 91% from its recorded cost of $163.3 million. The company recorded a fair value loss of $82.5 million on its digital assets during the first half of the year, resulting in a net loss of $61.3 million. ZeroStack’s cash reserves have dwindled to just $2.6 million, with negative working capital of $600,000 and accumulated losses totaling $339.1 million. During the first half of the year, ZeroStack generated $3.8 million in staking income and sold approximately 4.9 million tokens to raise $2.4 million. ZeroStack’s management stated that it cannot conclude that its current plans are sufficient to alleviate substantial doubt about its ability to continue as a going concern.