Traditional companies going all in on Meme coins, this script is terrifyingly familiar.

Nasdaq-listed Enlivex pivots to prediction market digital asset treasury, stock price falls below $0.42, down 30% year-to-date and 94% over five years. It raised $200 million through private placements, heavily betting its assets on RAIN tokens, holding approximately 12% of the circulating supply. RAIN is associated with the investigated Moshe Hogeg. Although RAIN's book valuation is about $1.2 billion, its market cap is only $118 million, and some assets are either staked or burdened with heavy liabilities.