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?
Bitcoin24h
$93,939.06-2.13%
Ethereum24h
$3,089.03-3.36%
XRP24h
$2.21-1.81%
BNB24h
$919.35-2.38%
Solana24h
$136.78-3.61%
TRON24h
$0.2915-0.45%
Dogecoin24h
$0.1558-4.76%
Cardano24h
$0.4815-5.13%
Hyperliquid24h
$38.03-1.65%
Zcash24h
$670.81-0.44%
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.
NAKA CEO after 96% decline: ‘We’ll get this over with as quickly as possible’
Nakamoto, David Bailey’s BTC treasury company of treasury companies, declined 96% from its all-time high this morning.
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Justin Sun’s graveyard of abandoned crypto projects—by Protos Staff
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Bybit freeze exposé highlights decentralization transparency issues—by Protos Staff
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Uniswap fee-switch: new era for DeFi or ‘a sad day for DAOs’?—by Protos Staff
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Dathon Ohm: the dev who wants to fork Bitcoin—by Protos Staff
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How Jim Chanos outplayed Michael Saylor: short MSTR, long BTC—by Protos Staff
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Strategy’s preferred shares spell out an unfortunate acronym: FCKD—by Protos Staff
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Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE—by Protos Staff
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Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning—by Protos Staff
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Strategy needs to pay $689M a year to not sell bitcoin—by Protos Staff
