Crazy fun.
My god:
Mean to laugh at people when they're down, I wrote in my Saylor article this week, but my gosh I gotta laugh journalistically cover the $NAKA debacle.
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Crazy fun.
My god:
Mean to laugh at people when they're down, I wrote in my Saylor article this week, but my gosh I gotta laugh journalistically cover the $NAKA debacle.
Poor NAKA
buy low?
...sell lower.
How much Bitcoin do they have?
$500 mil, give or take
https://bitcointreasuries.net/public-companies/kindlymd-inc
I was totally ignoring NAKA but you made me look it up. Uh, so it's some kinda health care company that they tried to turn into a bitcoin treasury company?
Yes it is David Bailey's treasury company.
I gathered that much. I was just confused when I searched Schwab and it said it was a healthcare company. There was no mention of bitcoin in the info page.
I did some more research and found out that David Bailey decided to merge his treasury company, Nakamoto Holdings, with healthcare company KindlyMD, simply because KindlyMD was already publicly traded. Seems like it was a shortcut to get traded on public markets.
Weird that it's still listed as KindlyMD in Schwab
Yes. It's changing eventually I believe
Yes I think it is called a reverse merger.
https://xcancel.com/1914ad/status/1968751799734567270