Once a global symbol of CS: GO Global, Astralis now stood on the shore completely collapsed. As revealed by an internal source for journalist Richard Lewis, this Danish organization is experiencing:

Mass firmly fired

Dissolve the women's team and the Academy

Debt transfer

Discontented player

And above all the ability to sell the entire brand in the near future.

📉 From IPO icon to "financial disaster"

2019: Astralis becomes the first eSports to list on the stock exchange, symbolizing the professionalization of the industry.

2023: The stock price is 10 times higher, must withdraw from the floor.

Causes: Failure to compete, lose funding, heavy losses, uncontrolled spending.

Despite the sale of LEC (League of Legends) to Karmine Corp with 18 million pounds, the installment payment is not enough to operate.

🔥 Internal cracking and angry players

The women's team and the CS2 Academy were dissolved because "not profitable".

The content and marketing department have been cut sharply.

HOXI is signed only to fill, no long -term plans for CS2.

The players are required to reduce their salaries, causing backlash.

Staehr, who is new to the contract until 2027, is extremely dissatisfied and can be sold separately without a team buyer.

💸 Debt and liquidity crisis

Astralis must ask Heroic to delay the payment fee for Jabbi and Stavn.

They are trying to "pay for", wait for money to sell LEC to handle debt.

Not receiving funding from the Esports World Cup (Saudi Arabia) - causing internal divisions between financial and reputation.

🤝 Who will buy Astralis?

Nikolaj Nyholm, the founder of Astralis, now no longer involved in eSports, but is presiding over the sale of the entire brand.

The two sides are negotiating:

Continuum X: Founding Qatar capital team, founded by former COO Nip Jonas Gundersen.

Private corporation: The group of individual investors wants to completely recover Astralis.

⚠️ Consequences: The biggest collapse in Denmark Esports?

If the deal takes place, Astralis - the team once dominated the Major and made the model for the whole European eSports - may disappear or be "revived" in a completely new form. This is a clear awakening scene about poor management and financial delusion in modern eSports.