Bitcoin Tumble Sends Thai Tech Stock From First to Last in World

Just two months ago, shares of Jasmine Technology Solutions PCL rose to the top of the global communications equipment sector after being catalyzed by a Thai firm's plan to embrace bitcoin mining.

Now the picture is completely different. A cryptocurrency route has caused the stock to fall nearly 80% from its peak in April, losing about $ 10 billion in market value and pinning the firm to the bottom of the group.