MANTRA founder John Patrick Mullin announced a strategic restructuring of the company due to adverse events since 2025, prolonged market downturns, increased competition, and unsustainable cost structures. The restructuring will involve reducing team size, primarily affecting roles in business development, marketing, HR, and support functions.
In April 2025, the price of MANTRA's OM token plummeted from approximately $6.2–$6.3 to $0.4–$0.5 within hours, marking a decline of over 90%. This sharp drop resulted in a market capitalization loss of approximately $50–60 billion.
MANTRA Announces Strategic Restructuring Amid Market Challenges
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