Look, it makes sense why management has been restructuring the platform this aggressively. When the acquisition closed, the business was bleeding—we're talking nine-figure annual losses. That's a massive hole to plug.

Every major pivot since then has been laser-focused on fixing the financials. Workforce reductions, premium subscription rollouts, ad revenue optimization—these aren't random moves. They're textbook turnaround strategies.

Yes, the algorithm changes have been controversial in crypto circles. But here's the thing: you can't ignore balance sheets. Whether you agree with the execution or not, the underlying logic is straightforward. When you inherit a business hemorrhaging that much capital, you have limited options. Cut costs, diversify revenue streams, improve unit economics.

The platform needed to become profitable. That was always going to require difficult decisions.