Crypto

Bitcoin Firm Nakamoto’s Stock Hits New Low After Posting $239M Loss, Selling More BTC

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In brief

  • After posting a net loss of nearly $239 million, shares in NAKA reached a new low before rebounding slightly.
  • Shares of NAKA were recently trading around $0.166, more than 99.5% off its 52-week high of $34.77.
  • The firm still maintains a Bitcoin treasury of more than 5,000 BTC, valued…

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