Nakamoto Shares Hit New Low After Bitcoin Treasury Firm Sells Off BTC

In brief

• Bitcoin treasury firm Nakamoto (NAKA) sold around $20 million in BTC.
• The firm still holds 5,342 Bitcoin, but is down an estimated $275 million on those holdings given its average weighted purchase price above $118,000.
• Shares in the firm reached a new all-time low on Tuesday, down…