Home Coinbase Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly Coinbase Bitcoin treasury Nakamoto down 98% — still pays David Bailey lavishly By Felicity Short - November 20, 2025 6 0 FacebookTwitterPinterestWhatsAppCopy URL Nakamoto originally promised a 10x EBITDA multiple when it would acquire David Bailey’s private business, BTC Inc. Source link