The tweet was deleted by the author.
But we saved everything 🙂.
David Bailey announced that Nakamoto has strengthened its balance sheet by reducing debt by $45 million, extending maturities into 2027, and lowering financing costs. The company also maintains a treasury of 4,468 BTC.
Bailey stated that Nakamoto remains significantly undervalued and that the company's focus is to increase Bitcoin holdings.
View post on X Loading...
Earlier this year, Bailey highlighted his view that NAKA is trading below its net asset value plus operating assets. He also noted a $1 million CEO stock purchase as a sign of confidence in the company. In a separate analysis, Bailey said bitcoin may experience continued volatility but maintained his confidence in the currency’s fundamentals as math-based money.