Hello!
Today I want to comment about $NAKA, the company that was born from the merger of KindlyMD and Nakamoto. When they announced this project, many people in Bitcoin world were excited. A Nasdaq-listed company with the mission to buy and hold massive amounts of Bitcoin sounded like a dream. They even talked about a goal of one million BTC in their treasury over time.
But reality looks harder. Since the start, the stock price has fallen a lot. Investors that bought in the hype are now watching the value of their shares go down. This shows us that it is not enough to talk about Bitcoin strategy, you also need strong execution, clear communication, and trust from the market. Right now, $NAKA still needs to prove it can deliver.
Yes, they have a big mission: combine Bitcoin treasury with financial services and even healthcare. But maybe this mix is confusing. Healthcare plus Bitcoin treasury is not a natural combination, and some investors don’t understand what is really the focus. When the story is not clear, the market reacts with selling pressure.
The leadership has important names like David Bailey, Perianne Boring, Eric Weiss, Mark Yusko, and Tim Pickett. They also raised a big amount of financing, more than $500 million, to buy Bitcoin and grow. But so far, the results in the stock are disappointing.
Take a look at this screenshot from Tradingview:
For Bitcoiners, this is still interesting. A public company trying to put Bitcoin in the center of its strategy is positive in the long term. But we also have to be honest: not every bold plan will succeed, and investors should be careful.
Maybe in the future, if $NAKA starts buying big amounts of BTC and communicates better, the stock can recover. For now, it shows that hype and reality are very different things.
Stay strong, hodl your Bitcoin, and remember that stocks can be tricky. Bitcoin is simple: 21 million forever.
Enjoy the rest of the week!
Posted Using INLEO