Anthony Scaramucci Says 'All Will Be Well' Amid NAKA Stock Volatility: David Bailey Admits 'Investors Are Down Money'

Aniket Verma

September 16, 2025

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, lent support to David Bailey on Tuesday, whose newly formed Bitcoin (CRYPTO: BTC) treasury company Kindly MD Inc. (NASDAQ:NAKA) was going through a financial rough patch.

NAKA shares are climbing. Get the complete picture here.

David Bailey Admits Stock Woes

Scaramucci took to X, saying, “Keep going, David. All will be well,” in response to Bailey’s admission of his company’s poor stock performance.

Bailey, known for his role as CEO of Bitcoin Magazine and as Bitcoin advisor to President Donald Trump, said that the slump has resulted in financial losses and frustration among investors, but he was confident of a comeback.

“Others are eager to dance on the grave or root against us,” he said, pointing toward critics. “For everyone who reached out with kind words of encouragement, thank you. You're a real one and I'll remember it. Means a lot.”

Keep going David. All will be well!🚀 https://t.co/pE5cGEooyh
— Anthony Scaramucci (@Scaramucci) September 16, 2025

See Also: Bitcoin Flat As Fed Policy Meet Looms; Ethereum, Dogecoin, XRP Decline: Analyst Flags Support Where They Plan To ';Load Heavily' On ETH

What Has Gone Wrong For NAKA Stock?

Bailey’s remarks come after the company’s stock crashed more than 50% on Monday, possibly linked to an SEC filing that unlocked previously restricted shares.

In a shareholder letter, Bailey expected the price volatility to last longer and advised “shareholders who have come looking for a trade” to exit.

“This transition may represent a point of uncertainty for investors, and we look forward to emerging on the other side with alignment and conviction amongst our backers,” he added.

The company’s market valuation, at $564.22 million, was lower than the value of its Bitcoin holdings, at $673 million, signaling a dent in market confidence. In contrast, Michael Saylor’s Strategy Inc. (NASDAQ:MSTR) was trading at a premium to its BTC holdings.

Price Action: NAKA shares rebounded 6.67% in after-hours trading after closing 20.97% higher at $1.50 during Tuesday’s regular trading session, according to data from Benzinga Pro.

The stock was found to be in a downward trend over the short, medium and long term. How does it compare with Strategy and other Bitcoin-focused treasury companies? Visit Benzinga Edge Stock Rankings to find out.

Anthony Scaramucci | Photo courtesy: Al Teich / Shutterstock.com

Read Next:

Bitcoin To Reach $750,000 In The Next 5 Years, Pantera Capital's Dan Morehead Says

Recommended

[Revealed] Trump's Next AI Executive Orders? - Ad

Jeff Brown: "I Warned You About Elon Musk..." - Ad

Elon's $25 Trillion Confession - Ad

Popular

IBM Stock Jumps 5% After Quantum Computing Breakthrough

Shares of International Business Machines Corporation (NASDAQ: IBM) are up Thursday after the company announced it reached a technological milestone in quantum computin

Jim Cramer Recommends Buying This Industrial Stock, Calling It 'Way Too Cheap'

"Mad Money" star Jim Cramer discusses MP Materials, Resideo Technologies and Canadian National Railway on Friday, Sept. 12.

We've Seen This Before... and It Didn't End Well

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

What's Going On With AMC Shares?

AMC Entertainment Holdings Inc (NYSE: AMC) shares are declining despite positive news surrounding a new Taylor Swift special screening.

Cathie Wood, Dan Ives Align On These 11 AI Stock Picks — Some Might Surprise You

Cathie Wood and Dan Ives have 11 stocks in common across ETFs. A look at the AI stocks the two key figures are betting on.

Alabama Just Took Equity in a Retail Underdog

Alabama Just Took Equity in a Retail Underdog - Ad

The Univ. of Alabama Athletics program is backing a tiny Nasdaq company-one that's rewriting the playbook. The last retail underdog to move like this? Fanatics and their $31B valuation.

DocuSign Shares Are Trading Higher Friday: What's Going On?

DocuSign shares are trading higher Friday after the company reported better-than-expected second quarter financial results and raised its fiscal year 2026 sales guidance above estimates. Also, the company issued third quarter sales guidance above estimates.

Stock Market Today: S&P 500 Futures Gain, Dow Tumbles Ahead Of Crucial Payrolls Report—Broadcom, DocuSign, Lululemon In Focus

U.S. stock futures were fluctuating on Friday following Thursday's positive moves. Futures of major benchmark indices were mixed.

Why Wall Street Is Positioning for a Fallout

Why Wall Street Is Positioning for a Fallout - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Redwire Expands With New Space Defense Facility In Albuquerque

Redwire Corp (RDW) shares rose after announcing the opening of a 15,000 sq ft facility in Albuquerque to accelerate development of space-based defense systems.

South Korea president says Korean companies will hesitate to invest in US without better visa system

SEOUL, South Korea (AP) — South Korea’s president said Thursday that South Korean companies will likely hesitate to maintain or make direct investments in the United States if the U.S. fails to for Korean workers.

Fanatics Hit $31B. This Nasdaq Company Is Building the Next Wave

Fanatics Hit $31B. This Nasdaq Company Is Building the Next Wave - Ad

Fanatics built a merch empire by owning the fan experience. But a $50M Nasdaq disruptor is updating their strategy for the social media generation. and they just locked in a game-changing college deal. Could this be retail's next big run?

Tesla China Sales Fall 10% To 57,152 Units In August, Marking 6th Decline In 2025

Tesla sales in China fell 9.93% in August amid lackluster global sales and Model Y L receiving 120,000 orders in China.

Three Junior Miners To Watch For Precious Metals Rally Catch-Up

Precious metals are up significantly this year, with gold and silver rising 39.16% and 42.17%. Junior mining firms have potential for big gains.

Oct 28-29: The Fed's Next Move Could Crush the Dollar

Oct 28-29: The Fed's Next Move Could Crush the Dollar - Ad

The Fed just cut rates by 0.25% - but this is no relief. It's the start of a dangerous cycle that could crush the dollar. With another Fed meeting looming Oct. 28-29, smart investors are already moving. See 3 urgent steps to protect yourself before it's too late.

Internet entrepreneur Kim Dotcom's latest legal bid to halt deportation from New Zealand is rejected

WELLINGTON, New Zealand (AP) — A court has rejected the latest bid by internet entrepreneur Kim Dotcom to halt his deportation to the United States on charges related to his file-sharing website Megaupload.

A rebel-held Congolese city uses damaged banknotes due to a cash shortage

BUKAVU, Congo (AP) — In the city of in eastern , Alain Mukumiro argues in a small wooden hut with a shopkeeper who refuses to take his money.

Powell Strikes Again - Next Rate Shock Looms October 28-29

Powell Strikes Again - Next Rate Shock Looms October 28-29 - Ad

Von der Leyen proposes bolder EU sanctions against Israel over the war in Gaza

ANTWERP, Belgium (AP) — European Commission President Ursula von der Leyen broke Wednesday with her pro-Israel stance and announced plans to seek sanctions and a partial trade suspension against Israel over .

These four electric SUVs provide hot-rod thrills without the need for gas

SUVs are undoubtedly practical, but they can often be a bore. What if you also want sporty performance from your family-hauler? Surprisingly, your best bet might just be an electric SUV. Thanks in part to the inherent advantages of EV powertrain design, hair-raising acceleration is no longer exclusive to low-slung exotics. Plus, many automakers are now making well-rounded performance SUVs that also provide improved handling, stronger braking and sportier aesthetics. Edmunds’ auto experts have rounded up four of their favorites. The vehicles are listed in ascending order of price, which include

TikTok + Touchdowns = Momentum

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature

Jack Dorsey, co-founder and CEO of Block Inc. (NYSE:XYZ), on Monday encouraged merchants using the company's Square platform to test Bitcoin (CRYPTO: BTC) payments.

Norway votes in a closely fought election with the future of a wealth tax in focus

OSLO, Norway (AP) — Norwegians headed to the polls Monday in the main day of voting for a new parliament, after a campaign in which the future of that dates to the late 19th century has been a central issue.

[Revealed] Trump's Next AI Executive Orders?

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

Trump-Backed World Liberty Sinks As Billionaire Justin Sun Protests, Then Reinvests

Justin Sun clashed with Trump-linked World Liberty over frozen $WLFI tokens before reversing course Friday with a fresh $20M investment.

Trump Approval Rating Falls To 2025 Lows After Jobs Report: View On President's Economy Hits Record Lows

A poor August jobs report may be hurting what voters think of President Donald Trump according to a new poll.

Jeff Brown: "I Warned You About Elon Musk..."

Jeff Brown: "I Warned You About Elon Musk..." - Ad

While everyone said Tesla was finished... On June 11, I predicted that we were on the cusp of one of the most shocking comebacks in Wall Street history. Sure enough, Tesla is now up 25% and recovered all 2025 losses. But this is just the beginning of Elon's $25 trillion breakthrough.

Will electric tractors gain traction? At a pilot event for farmers, researchers see possibilities

EAST LANSING, Mich. (AP) — In the soft dirt of an indoor horseback riding ring last month, a group of farmers got ready to test drive a new piece of equipment: an electric tractor.

Larry Ellison Called Cloud 'Complete Gibberish'—Now He's Building It For Elon Musk

Oracle CEO Larry Ellison once dismissed the concept as "complete gibberish," and it helped power him to become the world's second richest man.

Elon's $25 Trillion Confession

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Wind and solar power fuel over one-third of Brazil's electricity for first time

BOGOTA, Colombia (AP) — Wind and generated more than a third of electricity in August, the first month on record the two renewable sources have crossed that threshold, according to government data made public on Thursday and analyzed by energy think tank Ember.

Sundar Pichai Declares 'Next Chrome Era' As Google Bakes Gemini AI Into Its Web Browser, Roll Out To Target Mac, Windows And Mobile Devices

Google CEO Sundar Pichai unveiled a major update that embeds Gemini AI into Chrome on Mac, Windows and mobile devices, marking what he called the "next Chrome era" as the company counters rising competition in AI-driven browsers.

We've Seen This Before... and It Didn't End Well

We've Seen This Before... and It Didn't End Well - Ad

Putin says foreign troops deployed to Ukraine before any peace deal would be 'legitimate targets'

Russian President said Friday that any foreign troops deployed to Ukraine before a peace agreement has been signed would be considered “legitimate targets” by Moscow's forces.

Warner Bros. sues Midjourney for AI-generated images of Superman, Bugs Bunny and other characters

Warner Bros. is suing artificial intelligence company Midjourney for copyright infringement, alleging that the startup enables its millions of subscribers to create AI-generated images and videos of copyrighted and Bugs Bunny.

Alabama Just Took Equity in a Retail Underdog

Alabama Just Took Equity in a Retail Underdog - Ad

The Univ. of Alabama Athletics program is backing a tiny Nasdaq company-one that's rewriting the playbook. The last retail underdog to move like this? Fanatics and their $31B valuation.

Donald Trump Declares Harsh Media Coverage of Him 'No Longer Free Speech' But 'Illegal'

President Donald Trump has labeled negative media coverage of him as "illegal."

Shiba Inu's Layer-2 Network Breached, Over $1 Million Each in Ethereum, SHIB Stolen: How It Was Done

The Shiba Inu (CRYPTO: SHIB) team posted a detailed account of the hacking incident that impacted its ecosystem on Saturday, including details about the assets affected and subsequent actions taken.

Why Wall Street Is Positioning for a Fallout

Why Wall Street Is Positioning for a Fallout - Ad

Google hit with $3.5 billion fine from European Union in ad-tech antitrust case

LONDON (AP) — European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc’s competition rules by favoring its own digital advertising services, marking the fourth such antitrust penalty for the company as well as a retreat from previous threats to break up the tech giant.

Trending Now