Just two months ago Jasmine Technology Solution Plc’s (JTS) shares were riding high atop the global communications equipment sector after a huge boom catalysed by the Thai firm’s plan to embrace Bitcoin mining.
Now the picture is starkly different. A cryptocurrency rout has sparked a near-80% collapse in the stock since an April peak, lopping about 355 billion baht off its market value and leaving the firm pinned to the bottom of the group.
