David Bailey, CEO of the newly formed Bitcoin treasury company Kindly MD, which recently merged with Nakamoto Holdings, has warned that the firm may face volatility and suggested that investors who are skeptical should exit now. In a letter to shareholders yesterday (September 15), he stated, “For those shareholders who have come looking for a trade, I encourage you to exit.”
Bailey, who is known for his saying that $1M BTC is the floor, added in his letter, “This transition may represent a point of uncertainty for investors, but we look forward to emerging on the other side with alignment and conviction among our backers.”
A letter to our shareholders: pic.twitter.com/FC8kVG74w4
— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) September 15, 2025
Kindly MD (NAKA) Shares Crash -55% Following Bailey’s Letter To Nakamoto Shareholders
Bailey was referring to the company’s submission of its S3 registration to the SEC on Friday, September 12. The $200M private investment in public equity (PIPE) offering was used to raise funds by offering shares to investors at a discount.
These investors were restricted from selling shares until the S3 registration was approved. Now that the registration has been completed, those new shares are freely tradable on the open market.
Many investors who felt uneasy about Kindly MD, which trades on the Nasdaq under the ticker NAKA, have chosen to sell their shares. As a result, the company’s stock price plummeted more than 55%, trading at $1.24. This marks the lowest price for the stock since February.
NAKA is struggling to break out of its downtrend, which has seen the stock price fall by over +90% in the last four weeks. However, trading volume has also surged, reaching over 89 million shares, the highest level since an unexplained rally in mid-February, when 219 million shares were traded before the closing bell, according to Yahoo Finance.
“Almost 80 million shares have traded today,” Bailey wrote on X. “Once again, I’m humbled by the support and look forward to meeting all our new shareholders!”
According to data from Yahoo Finance, in November 2024, the company spent more time closing below $1 than it does now. Nasdaq rules state that if a company’s shares close below $1 for 30 consecutive days, it will receive a warning and be given 180 days to correct the situation. Although NAKA has not reached that point, other treasury companies worryingly have.
With fear and uncertainty surrounding digital asset treasury companies such as Nakamoto Holdings, crypto investors have returned to traditional web3 projects. Bitcoin Hyper (HYPER) has seen a heavy rotation of big money from TradFi into its ongoing presale.
Bitcoin Hyper (HYPER) Raises $16.2M in ICO Funding: Could the Hottest Presale of 2025 Reach $20M Before It Ends?
Heavy investment continues to pour into the Bitcoin Hyper (HYPER) presale, following ongoing volatility in both the TradFi and crypto markets, as evidenced by Nakamoto Holdings’ more than 50% overnight decline and major caps like Ethereum
Ethereum
1.59%
Ethereum
ETH
Price
$1,740.99
1.59% /24h
Volume in 24h
$6.22B
Price 7d
dipping by -1%.
As well as being packed full of utility owing to it being a Bitcoin Layer-2 protocol, HYPER has the added benefit of still being in the ICO phase, meaning it isn’t at the mercy of the current market volatility.
HYPER is a Bitcoin Layer-2 protocol that intelligently utilizes the Solana Virtual Machine (SVM) for superfast speeds and low-cost fees. It settles everything on Bitcoin’s core layer to ensure stability and security.
While Bitcoin Hyper is a meme coin in branding, the team behind HYPER is working to bring a complete end-to-end ecosystem of products to the Bitcoin mainnet, including DeFi, GameFi, and NFTs, to name a few.
A whale recently spent $150,000 on HYPER in a single transaction, highlighting that big money is rotating from Bitcoin and Digital Asset Treasury company stock into Bitcoin Hyper.
Investors can also stake their HYPER tokens for a generous 70% APY in rewards, providing a perfect opportunity for passive income while waiting for the Bitcoin Hyper ICO to conclude.
Head to the Bitcoin Hyper website to follow whales and join the presale. You can make your purchase using ETH, USDT, BNB, or even a credit card.
There are fewer than 24 hours left to secure HYPER tokens at the current price of $0.012925, as once the timer hits zero, that price will be gone for good.
For the latest updates on all things HYPER, join the community on Telegram and X.
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