Nakamoto Inc. (NAKA) just crashed 99% in one year. From $600 to $4.12. A company named after Bitcoin’s creator. On NASDAQ.
And David Bailey? He’s worried about BIP-110.
Not the 99% collapse of the only Bitcoin-named stock on the biggest exchange in America. Not the signal that says something is deeply wrong. BIP-110.
What David Bailey Is Concerned About:
- BIP-110 technical specifications
- Protocol parameter changes
- GitHub pull request debates
What David Bailey Is NOT Concerned About:
- A company literally named after Satoshi Nakamoto losing 99% of its value
- The biggest Bitcoin-related stock crash on NASDAQ
- Why nobody is talking about it
This is the problem with Bitcoin “leadership.” They’re obsessed with protocol minutiae while the real story burns in front of them.
A company named NAKAMOTO. On NASDAQ. Down 99.19%. From $600+ to $4.12.
If this were any other industry, it would be front-page news for a week. But because it’s Bitcoin-adjacent, the “leaders” are too busy arguing about BIP numbers to notice their own house is on fire.
What Actually Happened?
Nakamoto Inc. was supposed to be the institutional Bitcoin play. A public company with the most recognizable name in crypto history. Instead, it delivered a 99% loss to anyone who bought the narrative.
Meanwhile, David Bailey is tweeting about BIP-110.
Priorities.
NAKAMOTO INC. CRASHED 99% AND DAVID BAILEY IS WORRIED ABOUT BIP-110
