2025-12-06 21:22:05

Crypto-related stocks just got hammered. MSTR, Metaplanet, SMLR, and NAKA all tanked hard today. NAKA? Down over 98%. Yeah, you read that right—ninety-eight percent. That's not a correction. That's a complete wipeout, the kind of bloodbath you'd expect from some random memecoin rug pull, not a publicly traded company. The others didn't fare much better either. Looks like the strategy bitcoin treasury play is facing some serious market skepticism right now.

BTC-2.78%

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ProofOfNothing

· 12-09 10:00

naka down 98%? This isn't a correction, this is a straight-up brutal crash. For a listed company to perform like this, it would have been cleaner if it were just a rug pull by some small token.

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AirdropHunter9000

· 12-09 06:10

naka down 98%? Damn, this isn't a correction, bro, this is basically going to zero... So public companies pulling stunts are no different from shitcoin rug pulls, right?

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GateUser-c799715c

· 12-08 14:44

naka dropped 98%... This is outrageous. Even publicly listed companies dare to do this? Feels like the BTC hoarding strategy isn’t that reliable after all.

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TokenDustCollector

· 12-08 10:05

Naka down 98%? Is this fucking real... I never expected a public company to just rug pull like this.

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DisillusiionOracle

· 12-06 21:52

Is it true that NAKA dropped by 98%? Who can handle that... It's unbelievable for a publicly listed company to operate like this.

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LiquidityLarry

· 12-06 21:50

98%? What's going on with this guy? How can a publicly listed company drop like this?

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ChainBrain

· 12-06 21:46

naka drops 98%? How can they still call themselves a listed company? Feels just like a rug pull.

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LiquidatedAgain

· 12-06 21:43

naka down 98%? Dude, this isn’t just a crash, it feels like a total liquidation... Public companies playing the Bitcoin treasury game are bleeding as hard as a rug pull. Got rekt by consensus yet again.

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Fren_Not_Food

· 12-06 21:32

naka down 98%? This isn’t a correction, this is a complete liquidation. It’s outrageous that a listed company can mess things up like this.

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GweiWatcher

· 12-06 21:26

98%? This isn't an adjustment, this is a total wipeout. A publicly listed company turning into a rug pull, that's hilarious.

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