Ошеломляющий крах акций Nakamoto: падение на 95% и неопределенность для инвесторов Translation: Shocking Crash of Nakamoto Shares: 95% Drop and Uncertainty for Investors

Shares of Nakamoto (formerly Kindly MD) plummeted by 95% over a three-month period, falling from $35 to $1.3. This decline has persisted alongside the release of a controversial message to investors.

On September 15, CEO David Bailey, who is also the founder of Bitcoin Magazine, issued a letter, cautioning about impending volatility concerning NAKA. He expressed a preference for seeing uncertain investors exit the market.

“To those shareholders who joined in search of a profitable deal, I advise stepping away from the business. This transition could represent a moment of uncertainty for investors,” he remarked.

By «transition,» Bailey referred to the submission of an S3 registration application to the U.S. Securities and Exchange Commission (SEC) on September 12. During the company’s initial formation, some shares were sold at a discount, and those purchasing investors were barred from selling their assets until the S3 form was filed.

It is likely that the outreach to the SEC triggered the recent decline. Although NAKA has been in a continuous downward trend since May, when the asset peaked.

“Nearly 80 million shares were sold today. I am once again flattered by such support and look forward to meeting all our new shareholders,” Bailey noted on X.

The CEO acknowledged the challenges faced by the company and asserted that the only way to tackle them is to “go through it.”

The firm resulted from the merger of medical provider Kindly MD and the Bitcoin holding company Nakamoto. Initially, it raised $710 million to establish a Bitcoin reserve.

At its peak, Nakamoto was valued at over 20 times the worth of its cryptocurrency holdings. However, the current mNAV has fallen to 0.82.

According to Nasdaq regulations, if a company’s shares close below $1 for a month, it receives a warning and is given 180 days to remedy the situation. Otherwise, the asset will be delisted from the exchange.

It’s worth noting that JPMorgan described the refusal to include the Strategy in the S&P 500 as a “blow to cryptocurrency assets.”