NAKA shares plunge 54% in a day, reinforcing investor exhaustion toward Bitcoin treasury companies
Yahoo Finance·2025-09-16 08:00
A red-plunging stock line and share-printing spigot contrast with a Bitcoin vault being filled as weary investors drift past, signaling dilution fears and DAT fatigue. KindlyMD’s NAKA shares slumped to $1.28 on Sept. 15, down by 54% in the past 24 hours and over 90% over one month. The healthcare-turned-Bitcoin (BTC) treasury company faces mounting pressure from equity dilution plans and broader investor fatigue toward digital asset treasury strategies. The Nasdaq-traded medical firm transformed into a ...