PLBY Group Announces $4.9 Million Loss from Ethereum Depreciation in 2022
PLBY Group, the publisher of Playboy magazine, has reported a loss of $4.9 million due to the depreciation of its Ethereum assets in 2022. The company's profits are at risk from negative fluctuations in the market price of Ethereum. The digital assets of PLBY Group in 2021 and 2022 consisted of e ...