The ultimate take on “picking up the bag at the top”—Nakamoto Holdings paid a tuition fee that stings a bit.

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CoinNetwork
Crypto World Network News: On-chain analysis platform Arkham said in a post that its tracking data shows that Bitcoin treasury company Nakamoto Holdings may be the worst-performing BTC treasury company at present. Arkham stated that the company bought BTC with an average price of about $118k for a total value of approximately $679 million; currently, its books show an unrealized loss of about $224 million, and its unrealized loss on holdings exceeds 35%. In addition, Arkham also said that the company’s share price has fallen by about 99.4% from its historical peak.
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