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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0 sats \ 0 replies \ @realBitcoinDog 9m
Poor NAKA
buy low?
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0 sats \ 3 replies \ @SimpleStacker 4h
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?
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0 sats \ 2 replies \ @grayruby 3h
Yes it is David Bailey's treasury company.
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40 sats \ 1 reply \ @SimpleStacker 3h
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
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30 sats \ 0 replies \ @grayruby 3h
Yes I think it is called a reverse merger.
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0 sats \ 0 replies \ @nitter 5h
https://xcancel.com/1914ad/status/1968751799734567270
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