Streamex Corp. (NASDAQ: STEX) logs $46.7M loss but wipes out $50M debt
Streamex Corp. (NASDAQ: STEX) reported a net loss of $46.7 million for the quarter ended March 31, 2026, without generating any revenue. Despite the significant loss, the company successfully eliminated $50 million of secured convertible debentures through a combination of $38.9 million in cash repayment and the conversion of $15 million into common shares. Streamex plans to focus on its digital asset infrastructure and GLDY Token program, expecting continued operating losses but asserting sufficient liquidity for at least 12 months.