Crypto Co Raises $75K in Private Placement; CSO's Fund Among Buyers
CRCW is trading near its 52-week low of $0.001 (14% above the low).
Summary
Crypto Co sold 97.2 million shares for $75,000 — roughly $0.00077 each, below today's price — to two investors including a fund run by its Chief Strategy Officer, adding to a string of dilutive financings while the company faces going-concern doubts.
Key Events · Financing and Capital Events · CRCW
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Private Placement of 97.2M Shares
Subscription Agreements dated October 9, 2026 with James Smittkamp and Three Mile Creek Future LLC for 97,165,533 shares at an aggregate price of $75,000.
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Pricing Below Current Quote
The $75,000 total implies roughly $0.00077 per share (97,165,533 shares), below the $0.0008 price as of this report; $65,000 was cash and 3.4683 ETH made up the balance.
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Insider Fund Participates
Rafael Furst, the company's Chief Strategy Officer, is the managing member of buyer Three Mile Creek Future LLC.
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Leak-Out Restricts Resale
Subscribers may not sell more than 8% of the prior calendar month's trading volume per month, with a weekly cap of one-quarter of that amount.
Analysis · CRCW · Technology
The company sold 97,165,533 shares for just $75,000 — about $0.00077 per share, below today's $0.0008 quote — with part of the consideration paid in 3.4683 ETH rather than cash. The buyer group includes Three Mile Creek Future LLC, whose managing member is Chief Strategy Officer Rafael Furst, so an insider is taking stock at a fraction of a cent while the company carries a $6.4 million working capital deficit and going-concern doubts previously disclosed in the August 10-Q. The raise is tiny relative to that hole, and the leak-out restriction (8% of prior-month volume per month) is the only thing standing between these shares and the open market. This follows the September 24 debt-for-equity swap that issued 234.3 million shares to noteholders, continuing a pattern of equity issuance to stay funded.
How filings like this one have moved
In the 30 days to Nov 1, 2026, 32.5% of the 1969 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRCW was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $4.7M. The 52-week trading range was $0.00 to $0.01. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.