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via BeInCrypto · By Lockridge Okoth

A Bitcoin Treasury Company Has a Doctor on Staff, But Why?

BTC

BTC/USDT

$79,935.99
+0.30%
24h Volume

$6,997,772,384.70

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,878.00

0.06%

Volume (24h): -

Resistance Levels
Resistance 3$88,315.23
Resistance 2$82,260.41
Resistance 1$80,157.58
Price$79,878.00
Support 1$79,635.96
Support 2$77,509.46
Support 3$73,033.65
Pivot (PP):$79,824.58
Trend:Sideways
RSI (14):66.9
LO
Lockridge Okoth
(09:28 PM UTC)
1 min read
EW
Reviewed byEmily Watson

Nakamoto Inc. (NAKA) has defended why a Bitcoin (BTC) treasury company keeps a Chief Medical Officer on payroll. The role went viral as a symbol of what skeptics call Digital Asset Treasury (DAT) excess.

Analysts point to the role alongside NAKA’s 99% share collapse and roughly $200 million debt load. CEO David Bailey responded that the medical position exists for reasons rooted in the…

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Source

Lockridge Okoth · BeInCrypto

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