Tagged: nakamoto

TD Cowen Reduces Nakamoto Price Target Amid Revised Bitcoin (BTC) Market Outlook

TD Cowen has significantly revised downward its price objective for Nakamoto Inc., the bitcoin-focused treasury firm associated with David Bailey, in response to an updated assessment of the cryptocurrency’s trajectory. Analysts at the firm reduced the split-adjusted target from the equivalent of $40 to $17,… Read More

Web3 Thoughts of the Week: Bitcoin, Treasury Management, CLARITY Act & More

Web3 minds were focused on the CLARITY Act, Bitcoin, treasury management and more this week. CLARITY Act “We need to pass the Clarity Act now!  Enough nonsense already. Why? “It finally ends years of SEC ‘regulation-by-enforcement’ uncertainty in crypto and DeFi, which has chilled innovation and… Read More

Bitcoin focused Nakamoto’s Collapse Underscores Fragility of Crypto Treasury Strategies

In a stark illustration of the risks facing corporate Bitcoin holders, Nakamoto—a so-called Bitcoin treasury company—has plummeted 99.34% from its all-time high, wiping out more than $23.3 billion in market capitalization. An investor who put $100,000 into the stock just a year ago would now… Read More

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