CEO David Bailey Adds $210K More NAKA Stock
NAKA has more than doubled off its 52-week low of $3.33.
Summary
CEO David Bailey purchased $209,990 of NAKA stock on the open market, adding to his significant holdings.
Key Events · Ownership and Investor Activity · NAKA
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CEO Buys $210K in Open Market
David Bailey purchased 36,986 shares for $209,990 across two transactions on August 19-20 at prices between $5.38 and $6.36.
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Accumulation Continues
This follows $992,628 in open market buys over the prior 90 days, all by Bailey, with no insider sales.
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Post-Transaction Holdings
Bailey now holds 3,185,246 shares directly and indirectly, including 32,134 shares held by his spouse.
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Context: Recent Losses
The purchase comes after a $133 million Q2 net loss driven by a $105 million goodwill impairment and Bitcoin price declines.
Analysis · NAKA · Crypto Assets
CEO David Bailey added $209,990 in open market purchases on August 19-20, continuing a pattern of accumulation that began in May. This follows a $133 million Q2 net loss and a $105 million goodwill impairment, so the CEO's continued buying is a notable vote of confidence in the company's turnaround.
How filings like this one have moved
In the 30 days to Aug 22, 2026, 29.1% of the 2960 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NAKA was trading at $7.18 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $126.3M. The 52-week trading range was $3.33 to $432.40. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.