PANews November 18 news, according to Decrypt, Bitcoin vault company KindlyMD (NASDAQ: NAKA) fell nearly 10% on Monday due to its inability to submit the third quarter financial report on time, closing at $0.55. The stock has fallen 25% over the past week, with a cumulative decline of over 95% compared to six months ago.
The company submitted a notice to the US SEC last Friday, stating that due to the complex accounting treatment from the Nakamoto merger transaction, more time is needed to complete the financial report.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
UK Prime Minister Candidate Nigel Farage Increases Bitcoin Treasury Company Stack BTC Plc Holdings to 4.9 Million Shares
Gate News Alert: On March 18, according to BitcoinTreasuries.NET monitoring, UK Prime Minister candidate Nigel Farage increased his holdings in bitcoin treasury company Stack BTC Plc (STAK) by 606,500 shares, valued at $783,000. After the increase, Nigel Farage currently holds 4.9 million shares of the company, with a total value of $638,000.
GateNews5m ago
Over 40,000 Bitcoin Swept Up in a Week, Strategy Plays Fixed Income Game with STRC Loans
Bitcoin rebounded during Middle East conflict, with MicroStrategy successfully attracting capital through its preferred stock STRC, cumulatively increasing its holdings by over 40,000 bitcoins. STRC, serving as a stable yield instrument, has become a new financing channel for MicroStrategy, driving its market performance and liquidity. While this model faces high dividend pressure and requires continuous yield improvements to maintain appeal, STRC has effectively connected traditional capital with bitcoin demand, opening up a new financing model.
PANews15m ago
3 Reasons Bitcoin Everlight Beats Traditional BTC Mining
The method for securing the Bitcoin network has remained largely unchanged for over a decade, relying primarily on energy-intensive Proof-of-Work. However, as the industry matures and environmental concerns intersect with rising hardware costs, many participants are re-evaluating their approach to B
BlockChainReporter22m ago
Robert Kiyosaki Warns Of Biggest Crash In History: Makes Shocking Gold, Silver And BTC Price Predictions
Robert Kiyosaki has once again pushed a dramatic warning into financial markets. The author of _Rich Dad Poor Dad_ posted a message on March 16 that described what he believes could become the largest financial bubble collapse in history. His comments
CaptainAltcoin25m ago
