From $1,000 down to 5.6—this isn’t some “treasure treasury,” it’s clearly the site of a roller coaster disaster. No matter how hard your HODL faith is, it can’t survive a -99% stock price.

According to Arkham, Nakamoto Group is the worst-performing Bitcoin treasury company. It has accumulated approximately $679 million worth of BTC at an average price of about $118k, continuing to hold even as prices decline. In the past year, it has incurred an unrealized loss of about $224 million, and three months ago, it sold 284 BTC at an average price of around $70k. Currently, its unrealized loss on BTC has exceeded 35%, the company's stock price has fallen from $1,000 to $5.60, a total decline of 99.4%.