Could a hostile takeover be the end of the line for Nakamoto?
Nakamoto has declined 98% since its May 22 peak. At such prices, what would it take to become the target of a hostile takeover?
Nakamoto has declined 98% since its May 22 peak. At such prices, what would it take to become the target of a hostile takeover?
Since May 12, David Bailey’s Nakamoto has plummeted from $28.50 per share to $0.96, a 96% loss for shareholders.
David Bailey was supposed to lead bitcoin treasury companies to new heights. Instead, his NAKA stock has crashed 90% in less than four months.
Bitcoin treasury company executives rejoiced when Donald Trump became President, and they want to win again in the 2026 mid-term elections.