Shares of Nakamoto, the Bitcoin company backed by Trump supporter David Bailey, fell 99% from their all-time high.
After raising $760 million last year, shares plunged following a merger and May 2025 debut, destroying the model of issuing shares to buy cryptocurrency.
The company is now shifting to share buybacks and assets generating stable cash flow.
@FinancialWorldUpdates
Rainbet.com the #1 Non-KYC Crypto Casino @rainbetcom
