The value of Nakamoto (NAKA), a company specializing in managing Bitcoin vaults, has plummeted by 99.32% in approximately 280 days, resulting in a loss of $23.6 billion in market capitalization.
Since 5,398 Bitcoins were purchased at a price of approximately $118,000, the company's vaults are now suffering unrealized losses estimated at around $270 million.
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🔴📉 Bitcoin Bet Leads to Nakamoto's 99% Collapse
The value of Nakamoto (NAKA), a company specializing in managing Bitcoin vaults, has plummeted by 99.32% in approximately 280 days, resulting in a loss of $23.6 billion in market capitalization.
Since 5,398 Bitcoins were purchased at a price of approximately $118,000, the company's vaults are now suffering unrealized losses estimated at around $270 million.
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