tags. We'll translate each part.
First paragraph: "ZeroStack, a Nasdaq-listed crypto treasury firm, warned Monday that it faces survival risk after an $82.5 million loss. The company's 0G holdings are now valued 91% below their recorded cost, and its operations depend heavily on staking rewards."
- "Nasdaq-listed crypto treasury firm" -> "perusahaan treasury kripto yang terdaftar di Nasdaq" or "perusahaan pengelola treasury kripto yang tercatat di Nasdaq". "crypto treasury firm" means a firm that manages crypto assets for treasury purposes. We can say "perusahaan treasury kripto" or "perusahaan pengelola aset kripto untuk treasury". But simpler: "perusahaan treasury kripto yang terdaftar di Nasdaq".
- "warned Monday" -> "memperingatkan pada Senin" or "Senin lalu" but we don't know the date, so "pada hari Senin" is fine.
- "it faces survival risk" -> "menghadapi risiko kelangsungan hidup" or "risiko bertahan hidup".
- "after an $82.5 million loss" -> "setelah kerugian sebesar $82,5 juta".
- "The company's 0G holdings" -> "Kepemilikan 0G perusahaan" or "Aset 0G perusahaan". Let's use "Aset 0G perusahaan" because "holdings" in financial context often means assets.
- "are now valued 91% below their recorded cost" -> "kini dinilai 91% di bawah biaya tercatatnya" or "nilainya kini 91% di bawah biaya yang dicatat". "recorded cost" is "biaya tercatat" in accounting.
- "and its operations depend heavily on staking rewards" -> "dan operasinya sangat bergantung pada imbalan staking" or "hadiah staking". "staking rewards" is "imbalan staking" or "reward staking". In Indonesian crypto, often "staking reward" is kept as "staking reward" but we can translate as "imbalan staking" or "hasil staking". I'll use "imbalan staking".
So first paragraph: "ZeroStack, perusahaan treasury kripto yang terdaftar di Nasdaq, memperingatkan pada hari Senin bahwa mereka menghadapi risiko kelangsungan hidup setelah kerugian sebesar $82,5 juta. Aset 0G perusahaan kini dinilai 91% di bawah biaya tercatatnya, dan operasinya sangat bergantung pada imbalan staking."
Second paragraph: "The loss stems from a massive write-down on ZeroStack's 0G token position. The firm recorded the tokens at a cost that is now 91% higher than their current market value. That $82.5 million hole is more than a paper loss — it directly undermines the company's balance sheet and its ability to fund day-to-day operations."
- "The loss stems from a massive write-down on ZeroStack's 0G token position." -> "Kerugian tersebut berasal dari penurunan nilai (write-down) besar-besaran pada posisi token 0G ZeroStack." Or "Kerugian ini berasal dari penurunan nilai yang besar pada posisi token 0G ZeroStack." We can use "penurunan nilai" for "write-down".
- "The firm recorded the tokens at a cost that is now 91% higher than their current market value." -> "Perusahaan mencatat token tersebut dengan biaya yang kini 91% lebih tinggi dari nilai pasar saat ini."
- "That $82.5 million hole is more than a paper loss — it directly undermines the company's balance sheet and its ability to fund day-to-day operations." -> "Lubang senilai $82,5 juta itu lebih dari sekadar kerugian di atas kertas — hal ini secara langsung melemahkan neraca perusahaan dan kemampuannya untuk mendanai operasional sehari-hari." Or "lubang" might be too literal; we can say "defisit" or "kerugian" but "hole" is used figuratively. I'll use "lubang" but in financial context, "defisit" or "celah" might be better. Actually "hole" in balance sheet means a shortfall, so "kekurangan" or "defisit". I'll say "Kekurangan sebesar $82,5 juta itu lebih dari sekadar kerugian di atas kertas — ini secara langsung melemahkan neraca perusahaan dan kemampuannya untuk mendanai operasional sehari-hari." But "hole" is often translated as "lubang" in informal, but formal might be "defisit". I'll use "defisit" for clarity: "Defisit sebesar $82,5 juta itu lebih dari sekadar kerugian di atas kertas — ini secara langsung melemahkan neraca perusahaan dan kemampuannya untuk mendanai operasional sehari-hari." But "hole" might imply a gap, so "celah" is also possible. I'll go with "defisit" but it's not exactly the same. Actually, "hole" in this context means a financial shortfall, so "defisit" is appropriate. Let's use "defisit".
So second paragraph: "Kerugian ini berasal dari penurunan nilai yang besar pada posisi token 0G ZeroStack. Perusahaan mencatat token tersebut dengan biaya yang kini 91% lebih tinggi dari nilai pasar saat ini. Defisit sebesar $82,5 juta itu lebih dari sekadar kerugian di atas kertas — ini secara langsung melemahkan neraca perusahaan dan kemampuannya untuk mendanai operasional sehari-hari."
Third paragraph: "ZeroStack relies on staking rewards to cover its expenses. The model works when the underlying tokens hold value. But with 0G down 91% from cost, the staking yield — calculated on a smaller base — may no longer be enough to keep the lights on. The company did not disclose its current staking income or how long it can sustain operations at the current token price."
- "relies on staking rewards to cover its expenses" -> "mengandalkan imbalan staking untuk menutupi biaya operasionalnya" or "untuk menutupi pengeluarannya".
- "The model works when the underlying tokens hold value." -> "Model ini berjalan ketika token yang mendasarinya memiliki nilai." Or "Model ini berfungsi ketika token dasarnya mempertahankan nilai."
- "But with 0G down 91% from cost, the staking yield — calculated on a smaller base — may no longer be enough to keep the lights on." -> "Tetapi dengan 0G turun 91% dari biaya, hasil staking — yang dihitung berdasarkan basis yang lebih kecil —