🪙 Nakamoto Shares Collapse
Shares of Nakamoto, the Bitcoin company backed by Trump supporter David Bailey, have fallen 99% from their all-time high.
The businessman raised about $760 million for the company last year, but its shares plunged after a merger and stock-market debut in May 2025. The drop effectively destroyed its model of issuing new shares to buy cryptocurrency.
Nakamoto is now shifting strategy toward share buybacks and assets capable of generating stable cash flow.
✅@futures
🪙 Nakamoto Shares Collapse Shares of Nakamoto, the Bitcoin company backed by Trump supporter David B
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