The spectacular collapse of David Bailey’s Nakamoto
Since May 12, David Bailey’s Nakamoto has plummeted from $28.50 per share to $0.96, a 96% loss for shareholders.
Bitcoin24h
$83,530.07+0.29%
Ethereum24h
$2,676.15-0.01%
BNB24h
$757.87-0.26%
XRP24h
$1.49+0.62%
Solana24h
$119.01+1.05%
TRON24h
$0.3347-0.29%
Zcash24h
$1,409.55-3.68%
Hyperliquid24h
$86.18-0.93%
Dogecoin24h
$0.0940+1.23%
Chainlink24h
$14.69-2.18%
Bitcoin treasury firm NAKA’s shares and mNAV crashed 90%
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 chief David Bailey wants $200M for new Bitcoin PAC
Bitcoin treasury company executives rejoiced when Donald Trump became President, and they want to win again in the 2026 mid-term elections.
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THORChain refuses to block Bitget funds, despite pausing after own hack—by Protos Staff
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Are US Treasuries now a better investment than rental property?—by Protos Staff
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HTX’s proof of reserves doesn’t match its blockchain balances—by Protos Staff
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FTX and Alameda Research still causing the effective altruists problems—by Protos Staff
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Strategy paid $100M extra to buy back the bitcoin it sold—by Protos Staff
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Binance faces second probe over Iran-linked billions—by Protos Staff
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TRON Inc.’s TRX came from HTX after UK sanctions—by Protos Staff
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Amazon’s $190B Anthropic stake has links to SBF—by Protos Staff
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Celsius sues BitMEX over trades Alex Mashinsky said never happened—by Protos Staff
