May 12, 01:04 PM

Nakamoto $KDLY Nasdaq Bitcoin Treasury Soars 700% Pre-Market, Valued Over $10B with 1.2% Float and $710M Bitcoin Plan

Nakamoto, a newly public Bitcoin treasury company listed on Nasdaq under the ticker $KDLY, has experienced a dramatic surge in its stock price, rising nearly 700% in pre-market trading. The company is valued at over $10 billion, despite only 1.2% of its shares being floated publicly, which corresponds to a market capitalization of approximately $125 million. The stock is currently trading at 11.1 times the net asset value (NAV) relative to its planned Bitcoin holdings, with a market cap of $95 million and a planned capital deployment of $710 million into Bitcoin.

#Nakamoto #Bitcoin #Nasdaq

Written with ChatGPT (GPT-4).

Sources

Cory Klippsten 🦢 Swan.com@coryklippsten
1 year ago
$KDLY now trading at 11.1x NAV over its planned Bitcoin holdings $95M market cap Divide by 1.2% (public float ownership of the company) Divide by $710M capital planned for deployment into BTC
Cory Klippsten 🦢 Swan.com@coryklippsten
1 year ago
Wow. $KDLY already valued at more than $10B! Floated shares are 1.2% of total, market cap $125M. https://t.co/zPJOKY3zUm
Bitcoin News@BitcoinNewsCom
1 year ago
The stock chart for new Bitcoin treasury company $KDLY looks like the Bitcoin meme chart 👀 https://t.co/izyIVp2chZ

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