[Nakamoto Inc. Under David Bailey Sees Stock Plunge 99% from Peak] According to Bloomberg, the publicly listed company Nakamoto Inc., under David Bailey, has seen its stock price plummet approximately 99% from its peak since announcing a merger in May 2025. David Bailey previously raised around $760 million for the company to reserve Bitcoin, with his hedge fund recording a 640% return. Bailey stated that he remains in periodic contact with the White House and is currently working to demonstrate that the company still has a viable business foundation despite the collapse.