X @Wu Blockchain
Wu Blockchain·2025-10-31 01:12
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 ...