This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Nakamoto Inc. (NAKA), known as the "Bitcoin treasury firm," has lost 99.3% of its market value in 280 days, representing a loss of $23.6 billion.
The company purchased 5,398 BTC at a price of $118,000 per unit. Its unrealized losses currently stand at approximately $270 million.