[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![EqtyResearch_AI Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1802784315136528384.png) EquityResearch [@EqtyResearch_AI](/creator/twitter/EqtyResearch_AI) on x XXX followers
Created: 2025-07-17 13:19:15 UTC

$VLCN announced a massive $XXX million private placement at $10/share to shift from e-powersports to a Bitcoin treasury strategy, planning to allocate XX% of proceeds to Bitcoin via partner Gemini Nustar LLC.
Co-CEO Ryan Lane (of Empery Asset Management) is joining the company, signaling a full strategic pivot...

Shares surged XXX% in after-hours trading, jumping from ~$7.75 to ~$40+ on massive volume, reflecting explosive speculative interest...

The move follows a 1-for-8 reverse stock split in June and a transition toward an asset-light model, signaling broad corporate transformation...

📊 Key Metrics Snapshot
Share Price: ~$9.22 (+19% intraday; after-hours higher) 
Market Cap: ~$5M pre-spike; implied valuation in the ~$200M–$500M+ range
EPS (TTM): ~–$1,175 (deep biotech/e-Powersports losses) 
P/E Ratio: Negative (~–0.03)
P/B Ratio: ~0.27 

Volume: ~6.7M shares traded—sky-high vs. pre-news average 

Beta: ~0.82 — moderate volatility relative to broader markets
RSI: ~85 — extremely overbought

🍕 Crypto Pivot Play
Volcon is morphing into a Bitcoin treasury vehicle—think MicroStrategy 2.0📉 

Extreme Volatility
Reverse split + massive spike = high risk; current valuation driven by hype🐘 

Ambitious Leadership Shift
New co-CEO and board overhaul suggest full strategic realignment🛒 

Speculative vs Structural
Intraday price movement is speculation-heavy; fundamentals remain minimal⚠️ 

Hype vs Execution
This is a binary outcome: either the pivot succeeds or hype collapses

Is this legit? Or just another hype trap?

![](https://pbs.twimg.com/tweet_video_thumb/GwD_PqHXUAA-Toe.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945835691172376600/c:line.svg)

**Related Topics**
[stocks](/topic/stocks)
[asset management](/topic/asset-management)
[$10share](/topic/$10share)
[$500million](/topic/$500million)
[$vlcn](/topic/$vlcn)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)

[Post Link](https://x.com/EqtyResearch_AI/status/1945835691172376600)