Published Social post

Wu Blockchain (@WuBlockchain): Bitcoin treasury firm Nakamoto Holdings has seen its stock plunge over 98% from its May peak after a $563M PIPE deal triggered heavy investor selling.…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Bitcoin treasury firm Nakamoto Holdings has seen its stock plunge over 98% from its May peak after a $563M PIPE deal triggered heavy investor selling. CEO David Bailey plans to merge Bitcoin Magazine, the Bitcoin Conference, and 210k Capital into the company to boost cash flow and build a “Bitcoin-first” group. Nakamoto still holds 5,765 BTC (≈$653M), ranking as the 19th-largest public Bitcoin holder. https://t.co/zDT4W1YW3p

Back to news archive