Achanak Bitcoin kyon becha?
Nakamoto Inc. (NAKA) ne jo strategy pakdi hui thi ki bas Bitcoin khareedna hai, ab woh badal di hai. Unhone almost 284 Bitcoin, jinka value $20 million hai, bech diya hai. Ye sale unki company mein paison ki bohot badi kami dikha rahi hai. Ye saare Bitcoin unhone 40% loss pe beche hain, kyunki unki khareed price thi $118,171 per BTC, aur sale price nikli hai $70,422.
Is sale se jo paisa aayega, woh company apni working capital aur operations mein use karegi. Ye ek bada shift hai asset accumulate karne se asset sell karne tak, sirf survive karne ke liye. NAKA ka stock price bhi ab $0.23 ke aas paas hai, jo apne peak se 99% neeche gir gaya hai. Pichhle 6 mahine mein stock 80% down ho chuka hai.
Debt ka Pressure aur Market?
Company ki situation aur bhi kharab hai kyunki unhone Kraken se $210 million ka USDT loan liya hua hai, jispe 8% interest hai. Ye loan mostly Nakamoto ke Bitcoin se secured hai. Is debt ki wajah se company ke haath-pair bandh gaye hain aur lagta hai aur assets bechne padenge sirf interest bharne ke liye.
Nakamoto ne 2025 mein $52.2 million ka pre-tax loss report kiya hai, jo 2024 ke $3.6 million loss se kaafi zyada hai. Ye loss mostly unke digital assets ki value girne se hua hai jab Bitcoin ka price neeche gaya. Pure crypto market mein early 2025 mein bohot volatility thi, Bitcoin bhi almost 11.8% gira tha.
Competitors aur Nakamoto ka Strategy
Dekho, MicroStrategy jaise bade players abhi bhi Bitcoin khareed rahe hain, unki valuation $43.6 billion hai. Bitcoin miners jaise Marathon Digital (MARA) aur Riot Platforms (RIOT) bhi bade hain, par unka business model alag hai. MARA aur RIOT bhi losses mein hain, par unki market value aur operations Nakamoto se different hain. Nakamoto ka toh enterprise value hi negative tha end of 2025 mein, matlab unka debt unki market value se bohot zyada hai.
Nakamoto ka current plan ek forced move lag raha hai, jisme woh apna main asset bech kar operations chalana chahte hain aur debt chukana chahte hain. Ye risky hai kyunki unka goal toh Bitcoin treasury banane ka tha. Kraken ka $210 million wala loan ek bada headache hai, aur agar Bitcoin price aur gira ya interest bharne mein problem hui toh aur sales ho sakti hain.
Plus, unhone recently BTC Inc. aur UTXO Management ko apne CEO David Bailey se shares mein buy kiya hai, jinka value $1.12 tha. Ye sab tab hua jab company losses mein thi aur stock gir raha tha. Ye sawal uthata hai ki paisa kahan lagaya ja raha hai, especially jab CEO ne khud ki companies buy ki hain.
Analysts ka Kya Khayal Hai?
Sab ye problems hone ke baad bhi, analysts Nakamoto (NAKA) ko "Strong Buy" rating de rahe hain. Price targets $0.50 se $4.25 tak ja rahe hain. Matlab, analysts ko lagta hai stock abhi bohot upar ja sakta hai current price se. Par investors ko ye gap samajhna hoga aur carefully decide karna hoga. Nakamoto ne bola hai ki operations improve honge, par future toh debt manage karne aur crypto market ki volatility pe depend karega.