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via BeInCrypto · By Lockridge Okoth

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

BTCBTC · Live data
$83,192 −3.63%
  • 24h Volume$22.71B
  • 24h Low / High$82,787 / $86,699
  • Long/Short1.63
  • Funding Rate−0.0012%

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BTC · Daily (1D)
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Volume (24h)-

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Bitcoin Supports

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RSI (14)51.0
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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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Lockridge Okoth · BeInCrypto

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