CoinWired news: According to a 2021 report on A early issuance, TD Cowen lowered Nakamoto Inc.’s adjusted target price after its stock-split adjustment from $40 to $17, a decline of 58%, and maintained a Buy rating. Analysts said that the drop in Bitcoin’s price is putting pressure on Nakamoto Inc.’s highly leveraged capital structure, and the company’s stock has a high sensitivity to Bitcoin price fluctuations. The current stock price is $4.65.

BTC-3.11%
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