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Bitwise Reduces Workforce by 14% as its Assets Shrink in Value

By: CryptoCurrencyWire
August 18, 2026 at 10:05 AM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Crypto asset management firm Bitwise has reduced its global workforce by 14%, leaving it with roughly 155 employees as the prolonged market slowdown continues to pressure the sector.

Analysts will be watching how other blockchain firms like Riot Blockchain Inc. (NASDAQ: RIOT) navigate the challenges presented by this extended slump in the value of…

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About CryptoCurrencyWire

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