PANews November 18 news, according to Decrypt, Bitcoin vault company KindlyMD (NASDAQ: NAKA) fell nearly 10% on Monday due to its inability to submit the third quarter financial report on time, closing at $0.55. The stock has fallen 25% over the past week, with a cumulative decline of over 95% compared to six months ago.
The company submitted a notice to the US SEC last Friday, stating that due to the complex accounting treatment from the Nakamoto merger transaction, more time is needed to complete the financial report.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A certain CEX was exposed for lobbying against the small-scale Bitcoin tax exemption policy, advocating that it should only apply to stablecoins.
A certain cryptocurrency trading platform is accused of lobbying U.S. legislators to oppose the Bitcoin small-transaction tax exemption, suggesting it should be limited to stablecoins. This move has raised concerns within the crypto community, which believes that the policy could be influenced by special interests and hinder innovation. The Bitcoin advocacy organization warns that this approach would be a strategic mistake.
GateNews31m ago
From Blackouts to Bitcoin: South African Power Utility's Surreal Pivot to High-Intensity Power Sales
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the day due to increased solar power usage.
The Solar
Coinpedia40m ago
Silver-Togued Analyst Prepares for the Next Leg Down for BTC Between $44,000 – $57,000
Silver-tongued analyst prepares for the next leg down for BTC.
He expects BTC to drop twice into two specific bearish boxes.
The first will take the price of BTC to $57,000, and the next below $50,000.
The crypto community clings to bullish hope as the price of Bitcoin (BTC), the
CryptoNewsLand41m ago
MICA Daily｜Exchange liquidity dries up, BTC trend continues to weaken
The latest US CPI data released aligns with market expectations, but due to the impact of the Middle East situation, market reactions are muted. The US stock indices fluctuate, and BTC prices hover around $70,000. Although it appears stable in the short term, market sentiment remains pessimistic, and whether the price can stay above $70,000 in the future remains uncertain, mainly depending on the development of the Middle East situation. Meanwhile, Binance's net flow data shows that investors withdraw BTC during market downturns, but selling pressure still exists.
区块客42m ago
Nic Carter: The controversy over BIP-360 authorship is not important; focus should be on the quality of the proposal and quantum resistance goals
Castle Island Ventures Partner Nic Carter stated that the Bitcoin community should focus on the technical quality of the BIP-360 proposal rather than the author's identity. By eliminating the quantum vulnerability in Taproot addresses, it paves the way for Bitcoin's quantum resistance. As ECC risks become increasingly apparent, enhancing quantum resistance has become an important topic.
GateNews1h ago
