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0 sats \ 2 replies \ @SimpleStacker 15h \ on: Stacker Saloon
I'll be honest. $NAKA looks kinda tempting. They own 5765 BTC which is approximately $663 million in market value, but their market cap is currently only $560 million (according to Schwab), so they are trading at a 0.85 mNav.
The risk is that if you buy a share of NAKA, you don't own any claim to the underlying assets. Equity holders are actually last in line to get paid back if the company goes bankrupt, shareholders could be left holding a turd.