Trump Crypto Ally David Bailey's Bitcoin Bet Lost 99% Of Its Stock Value. Now He's Rebuilding The Business.
- Posted on September 3, 2026
- By International Business Times
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- 1 min read
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Trump Crypto Ally David Bailey's Bitcoin Bet Lost 99% Of Its Stock Value. Now He's Rebuilding The Business.
The company posted a roughly $372 million first-half loss and carried out a 1-for-40 reverse stock split in May to maintain its Nasdaq listing.
