Yahoo Finance has recently been criticized for allegedly excluding press releases from crypto companies. The controversy came to light when BTCS Inc. (Nasdaq: BTCS), a blockchain technology-focused company, discovered that its press releases were not appearing on Yahoo Finance despite being distributed through major wire services.
Other crypto-focused companies, including Marathon Digital Holdings, Riot Platforms, Strategy, Bitfarms, CleanSpark, TeraWulf, and Argo Blockchain, have also reportedly been unable to get their announcements displayed on the platform. Publicly listed crypto companies banned from Yahoo Finance now represent over $212 billion in combined market capitalization.
BTCS initially believed the issue might be a technical glitch or an oversight. However, when it sought clarification from GlobeNewswire—one of the primary press release distribution services used by publicly listed firms—it learned that Yahoo Finance had evidently chosen not to display these crypto-oriented announcements.
GlobeNewswire confirmed that the platform had not provided an official explanation or policy statement to justify the block:
“Unfortunately, Yahoo Finance maintains a policy of not publishing crypto-related news or announcements. This policy is consistent across the industry and applies to all crypto-focused topics, including blockchain-related events such as the fireside chat described in this release.”
Charles Allen, CEO of BTCS, said:
“We believe Yahoo Finance is systematically excluding all press releases from publicly traded blockchain companies, effectively censoring content from an entire industry. Shareholders rely on credible, authoritative sources like Yahoo Finance for timely and accurate information.”
Allen also insisted on the importance of fair coverage, noting:
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Author: Andjela Radmilac