Smart Digital Group shares fall 84.93% intraday after announcing a diversified cryptocurrency asset pool.

Smart Digital Group Limited plummeted 84.93% intraday, with the company announcing its plan to establish a diversified cryptocurrency asset pool, focusing on investing in cryptocurrencies such as Bitcoin and Ethereum. This move aims to strengthen the company's position in the digital asset ecosystem and leverage the growing acceptance of cryptocurrencies in global markets. However, the significant drop in stock price suggests that investors may be concerned about the risks associated with cryptocurrency investments or the company's ability to execute this strategy successfully.