C&#7893; phi&#7871;u c&#7911;a Next Technology Holding, NXTT, &#273;&atilde; gi&#7843;m nh&#7865; sau khi c&ocirc;ng ty c&ocirc;ng b&#7889; k&#7871; ho&#7841;ch huy &#273;&#7897;ng 500 tri&#7879;u USD &#273;&#7875; mua th&ecirc;m Bitcoin (BTC) v&agrave; cho c&aacute;c m&#7909;c &#273;&iacute;ch doanh nghi&#7879;p kh&aacute;c.
&#272;&acirc;y kh&ocirc;ng ph&#7843;i l&agrave; c&ocirc;ng ty duy nh&#7845;t v&#7873; kho b&#7841;c Bitcoin &#273;ang g&#7863;p &aacute;p l&#7921;c. C&#7893; phi&#7871;u NAKA c&#7911;a KindlyMD &#273;&atilde; gi&#7843;m h&#417;n 55% sau khi CEO c&#7843;nh b&aacute;o nh&agrave; &#273;&#7847;u t&#432; v&#7873; s&#7921; gia t&#259;ng d&#7921; ki&#7871;n trong &lsquo;bi&#7871;n &#273;&#7897;ng gi&aacute; c&#7893; phi&#7871;u&rsquo;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-next-tech-holding-plans-500-million-offering-shares-fall-nbsp">Next Tech Holding d&#7921; &#273;&#7883;nh ph&aacute;t h&agrave;nh 500 tri&#7879;u USD, c&#7893; phi&#7871;u gi&#7843;m</h2>

Trong m&#7897;t h&#7891; s&#417; S-3 v&#7899;i &#7910;y ban Ch&#7913;ng kho&aacute;n v&agrave; Giao d&#7883;ch Hoa K&#7923;, c&ocirc;ng ty &#273;&atilde; ti&#7871;t l&#7897; k&#7871; ho&#7841;ch b&aacute;n l&ecirc;n &#273;&#7871;n 500 tri&#7879;u USD <a target="_blank" href="https://vn.beincrypto.com/3-crypto-stocks-to-watch-iren-btdr/" rel="noreferrer noopener">c&#7893; phi&#7871;u ph&#7893; th&ocirc;ng th&ocirc;ng qua</a> m&#7897;t ho&#7863;c nhi&#7873;u &#273;&#7907;t ph&aacute;t h&agrave;nh. C&ocirc;ng ty cho bi&#7871;t s&#7889; ti&#7873;n huy &#273;&#7897;ng &#273;&#432;&#7907;c s&#7869; &#273;&#432;&#7907;c ph&acirc;n b&#7893; cho c&aacute;c ho&#7841;t &#273;&#7897;ng doanh nghi&#7879;p chung, <a target="_blank" href="https://beincrypto.com/learn/how-to-buy-bitcoin-in-four-easy-steps" rel="noreferrer noopener">bao g&#7891;m vi&#7879;c mua Bitcoin.</a>
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Ch&uacute;ng t&ocirc;i d&#7921; &#273;&#7883;nh s&#7917; d&#7909;ng s&#7889; ti&#7873;n thu &#273;&#432;&#7907;c t&#7915; vi&#7879;c b&aacute;n b&#7845;t k&#7923; ch&#7913;ng kho&aacute;n n&agrave;o &#273;&#432;&#7907;c ch&agrave;o b&aacute;n theo b&#7843;n c&aacute;o b&#7841;ch n&agrave;y cho c&aacute;c m&#7909;c &#273;&iacute;ch doanh nghi&#7879;p chung, bao g&#7891;m, nh&#432;ng kh&ocirc;ng gi&#7899;i h&#7841;n, vi&#7879;c mua Bitcoin,&rdquo; h&#7891; s&#417; <a href="https://www.sec.gov/Archives/edgar/data/1784970/000121390025087680/ea0257058-s3_nexttech.htm" target="_blank" rel="noreferrer noopener nofollow">cho bi&#7871;t</a>.
</blockquote>

Quy&#7871;t &#273;&#7883;nh n&agrave;y ph&ugrave; h&#7907;p v&#7899;i <a href="https://vn.beincrypto.com/tradfi-bitcoin-buying-adoption/" target="_blank" rel="noreferrer noopener">xu h&#432;&#7899;ng r&#7897;ng l&#7899;n h&#417;n c&#7911;a c&aacute;c c&ocirc;ng ty</a> t&#259;ng c&#432;&#7901;ng ti&#7871;p x&uacute;c v&#7899;i t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889;, v&#7899;i Bitcoin v&#7851;n l&agrave; l&#7921;a ch&#7885;n n&#7893;i b&#7853;t nh&#7845;t. <a href="https://bitcointreasuries.net/public-companies/next-technology-holding-inc" target="_blank" rel="noreferrer noopener nofollow">Theo</a> Bitcoin Treasuries, Next Technology Holding &#273;&atilde; n&#7857;m trong top 20 c&ocirc;ng ty n&#7855;m gi&#7919; BTC l&#7899;n nh&#7845;t, v&#7899;i 5,833 coin tr&#7883; gi&aacute; 673.96 tri&#7879;u USD.
Tuy nhi&ecirc;n, th&ocirc;ng b&aacute;o n&agrave;y kh&ocirc;ng l&agrave;m t&#259;ng ni&#7873;m tin c&#7911;a nh&agrave; &#273;&#7847;u t&#432;. D&#7919; li&#7879;u t&#7915; Yahoo Finance cho th&#7845;y c&#7893; phi&#7871;u NXTT gi&#7843;m 4.79% xu&#7889;ng c&ograve;n 0.14 USD.
<img style="height:400px;width:640px;" decoding="async" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NXTT" class="wp-image-742407 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ifRil4w_w--Qz3f2vRXbejU2UtE=/smart/75f4151bd4154a2b90900059128b6b04">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NXTT. Ngu&#7891;n: <a href="https://finance.yahoo.com/quote/NXTT/" target="_blank" rel="noreferrer noopener nofollow">Yahoo Finance</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-kindlymd-stock-crashes-55-after-pipe-shares-hit-market">C&#7893; phi&#7871;u KindlyMD gi&#7843;m 55% sau khi c&#7893; phi&#7871;u PIPE ra th&#7883; tr&#432;&#7901;ng</h2>

Trong khi &#273;&oacute;, s&#7921; th&#7845;t b&#7841;i c&#7911;a Next Technology kh&ocirc;ng ph&#7843;i l&agrave; tr&#432;&#7901;ng h&#7907;p &#273;&#417;n l&#7867;. <a target="_blank" href="https://vn.beincrypto.com/bitcoin-institutional-treasury-asset/" rel="noreferrer noopener">KindlyMD, c&ocirc;ng ty ni&ecirc;m y&#7871;t tr&ecirc;n Nasdaq</a> trong l&#297;nh v&#7921;c ch&#259;m s&oacute;c s&#7913;c kh&#7887;e, &#273;&atilde; h&#7907;p nh&#7845;t v&#7899;i Nakamoto Holdings &#273;&#7875; th&agrave;nh l&#7853;p m&#7897;t kho b&#7841;c Bitcoin, &#273;&atilde; ch&#7913;ng ki&#7871;n t&#7893;n th&#7845;t l&#7899;n h&#417;n.
NAKA gi&#7843;m h&#417;n 55%, v&#7899;i gi&aacute; &#273;&oacute;ng c&#7917;a c&#7911;a c&#7893; phi&#7871;u &#7903; m&#7913;c 1.24 USD. Trong giao d&#7883;ch tr&#432;&#7899;c gi&#7901; m&#7903; c&#7917;a, c&#7893; phi&#7871;u &#273;&atilde; t&#259;ng nh&#7865; kho&#7843;ng 4%, nh&#432;ng kh&ocirc;ng &#273;&#7911; &#273;&#7875; &#273;&#7843;o ng&#432;&#7907;c t&#7893;n th&#7845;t.
S&#7921; suy gi&#7843;m n&agrave;y l&agrave; m&#7897;t ph&#7847;n c&#7911;a xu h&#432;&#7899;ng gi&#7843;m r&#7897;ng h&#417;n. C&#7893; phi&#7871;u &#273;&atilde; gi&#7843;m g&#7847;n 73% trong n&#259;m ng&agrave;y qua, v&#7899;i m&#7913;c gi&#7843;m h&agrave;ng th&aacute;ng l&agrave; 90.9%.
<img style="height:400px;width:640px;" decoding="async" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NAKA" class="wp-image-742406 lazy" loading="lazy" src="https://assets.beincrypto.com/img/VObvX1Cekn_e-xfFtfyTRxtFvL8=/smart/6eab670f116642ed9204fa498ff69440">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NAKA. Ngu&#7891;n: <a href="https://finance.yahoo.com/quote/NAKA/" target="_blank" rel="noreferrer noopener nofollow">Yahoo Finance</a>

Nh&#432;ng &#273;i&#7873;u g&igrave; &#273;&atilde; g&acirc;y ra s&#7921; gi&#7843;m gi&aacute; g&#7847;n &#273;&acirc;y? Trong m&#7897;t l&aacute; th&#432; g&#7917;i c&#7893; &#273;&ocirc;ng &#273;&#432;&#7907;c c&ocirc;ng b&#7889; v&agrave;o th&#7913; Hai, CEO c&#7911;a KindlyMD, David Bailey, gi&#7843;i th&iacute;ch r&#7857;ng s&#7921; bi&#7871;n &#273;&#7897;ng gia t&#259;ng &#273;&#432;&#7907;c d&#7921; ki&#7871;n khi m&#7897;t l&ocirc; c&#7893; phi&#7871;u m&#7899;i &#273;&#432;&#7907;c &#273;&#432;a v&agrave;o th&#7883; tr&#432;&#7901;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;V&agrave;o th&#7913; S&aacute;u, ng&agrave;y 12/09, ch&uacute;ng t&ocirc;i &#273;&atilde; n&#7897;p h&#7891; s&#417; S3, &#273;&#259;ng k&yacute; c&aacute;c c&#7893; phi&#7871;u &#273;&#432;&#7907;c b&aacute;n trong &#273;&#7907;t huy &#273;&#7897;ng v&#7889;n PIPE c&#7911;a ch&uacute;ng t&ocirc;i. V&#7899;i nh&#7919;ng c&#7893; phi&#7871;u n&agrave;y v&agrave;o th&#7883; tr&#432;&#7901;ng, ch&uacute;ng t&ocirc;i d&#7921; ki&#7871;n gi&aacute; c&#7893; phi&#7871;u c&oacute; th&#7875; bi&#7871;n &#273;&#7897;ng trong m&#7897;t th&#7901;i gian,&rdquo; Bailey <a href="https://irp.cdn-website.com/1311a319/files/uploaded/Shareholder+Letter+-+September+15-+2025.pdf" target="_blank" rel="noreferrer noopener nofollow">cho bi&#7871;t</a>.
</blockquote>

Tuy nhi&ecirc;n, CEO nh&#7845;n m&#7841;nh &#273;&acirc;y l&agrave; c&#417; h&#7897;i &#273;&#7875; c&#7911;ng c&#7889; n&#7873;n t&#7843;ng c&#7911;a c&ocirc;ng ty v&#7899;i c&aacute;c c&#7893; &#273;&ocirc;ng c&oacute; c&ugrave;ng t&#7847;m nh&igrave;n d&agrave;i h&#7841;n. &Ocirc;ng khuy&#7871;n kh&iacute;ch c&aacute;c nh&agrave; giao d&#7883;ch ng&#7855;n h&#7841;n n&ecirc;n r&uacute;t lui, l&#432;u &yacute; r&#7857;ng nh&#7919;ng tu&#7847;n v&agrave; th&aacute;ng t&#7899;i s&#7869; l&agrave; th&#7901;i &#273;i&#7875;m quan tr&#7885;ng &#273;&#7875; <a target="_blank" href="https://beincrypto.com/learn/mastering-crypto-trading-emotions" rel="noreferrer noopener">k&#7871;t n&#7889;i nh&#7919;ng ng&#432;&#7901;i &#7911;ng h&#7897; cam k&#7871;t</a>.
Theo &ocirc;ng, c&ocirc;ng ty &#273;&atilde; s&#7861;n s&agrave;ng &#273;&#7875; ti&#7871;n xa h&#417;n trong chi&#7871;n l&#432;&#7907;c c&#7911;a m&igrave;nh v&agrave; v&#432;&#7907;t qua giai &#273;o&#7841;n n&agrave;y v&#7899;i s&#7921; &#273;&#7891;ng thu&#7853;n v&agrave; quy&#7871;t t&acirc;m l&#7899;n h&#417;n t&#7915; c&aacute;c nh&agrave; &#273;&#7847;u t&#432;.
M&#7863;c d&ugrave; nh&#7919;ng b&igrave;nh lu&#7853;n c&#7911;a Bailey th&#7875; hi&#7879;n s&#7921; t&#7921; tin, <a target="_blank" href="https://vn.beincrypto.com/dont-buy-dat-stock-buy-bitcoin-investor-warns/" rel="noreferrer noopener">s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh c&#7911;a c&#7893; phi&#7871;u</a> l&agrave;m n&#7893;i b&#7853;t nh&#7919;ng lo ng&#7841;i li&ecirc;n t&#7909;c v&#7873; hi&#7879;u su&#7845;t c&#7893; phi&#7871;u li&ecirc;n quan &#273;&#7871;n ti&#7873;n &#273;i&#7879;n t&#7917; &mdash; m&#7897;t l&#297;nh v&#7921;c v&#7889;n d&#297; r&#7845;t bi&#7871;n &#273;&#7897;ng. S&#7921; s&#7909;t gi&#7843;m n&agrave;y c&#361;ng &#273;&atilde; thu h&uacute;t s&#7921; ch&#7881; tr&iacute;ch &#273;&aacute;ng k&#7875; t&#7915; Peter Schiff, m&#7897;t nh&agrave; kinh t&#7871; n&#7893;i ti&#7871;ng v&agrave; l&agrave; ng&#432;&#7901;i ch&#7881; tr&iacute;ch BTC.
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&ldquo;Ngay t&#7915; &#273;&#7847;u, t&ocirc;i &#273;&atilde; c&#7843;nh b&aacute;o r&#7857;ng c&aacute;c c&ocirc;ng ty kho b&#7841;c Bitcoin l&agrave; nh&#7919;ng m&ocirc; h&igrave;nh Ponzi &#273;&#432;&#7907;c x&acirc;y d&#7921;ng tr&ecirc;n m&#7897;t kim t&#7921; th&aacute;p. H&ocirc;m nay NAKA, m&#7897;t trong nh&#7919;ng c&ocirc;ng ty n&agrave;y, &#273;&atilde; gi&#7843;m 55%. C&#7893; phi&#7871;u hi&#7879;n &#273;&atilde; gi&#7843;m 96% k&#7875; t&#7915; m&#7913;c cao v&agrave;o th&aacute;ng N&#259;m tr&ugrave;ng v&#7899;i H&#7897;i ngh&#7883; Bitcoin Vegas, n&#417;i t&ocirc;i &#273;&atilde; khuy&ecirc;n ng&#432;&#7901;i tham d&#7921; kh&ocirc;ng n&ecirc;n &#273;&#7847;u t&#432;,&rdquo; Schiff <a href="https://x.com/PeterSchiff/status/1967766890836902320" target="_blank" rel="noreferrer noopener nofollow">ph&aacute;t bi&#7875;u</a>.
</blockquote>

Nh&#7919;ng di&#7877;n bi&#7871;n n&agrave;y l&agrave;m n&#7893;i b&#7853;t nh&#7919;ng th&aacute;ch th&#7913;c &#273;&#7889;i v&#7899;i c&aacute;c c&ocirc;ng ty chuy&#7875;n h&#432;&#7899;ng sang kho b&#7841;c Bitcoin. Trong khi nh&#7919;ng ng&#432;&#7901;i &#7911;ng h&#7897; l&#7853;p lu&#7853;n v&#7873; gi&aacute; tr&#7883; t&iacute;ch l&#361;y d&agrave;i h&#7841;n, <a target="_blank" href="https://vn.beincrypto.com/bitcoin-treasury-stocks-split-circle-microstrategy/" rel="noreferrer noopener">s&#7921; s&#7909;t gi&#7843;m c&#7893; phi&#7871;u g&#7847;n &#273;&acirc;y cho th&#7845;y</a> s&#7921; ho&agrave;i nghi c&#7911;a th&#7883; tr&#432;&#7901;ng &#273;&#7889;i v&#7899;i s&#7921; m&#7903; r&#7897;ng nhanh ch&oacute;ng v&agrave; c&aacute;c r&#7911;i ro li&ecirc;n quan.

Các kho bạc Bitcoin của công ty có đang mạo hiểm giá trị cổ đông trong dài hạn không?

C&#7893; phi&#7871;u c&#7911;a Next Technology Holding, NXTT, &#273;&atilde; gi&#7843;m nh&#7865; sau khi c&ocirc;ng ty c&ocirc;ng b&#7889; k&#7871; ho&#7841;ch huy &#273;&#7897;ng 500 tri&#7879;u USD &#273;&#7875; mua th&ecirc;m Bitcoin (BTC) v&agrave; cho c&aacute;c m&#7909;c &#273;&iacute;ch doanh nghi&#7879;p kh&aacute;c.
&#272;&acirc;y kh&ocirc;ng ph&#7843;i l&agrave; c&ocirc;ng ty duy nh&#7845;t v&#7873; kho b&#7841;c Bitcoin &#273;ang g&#7863;p &aacute;p l&#7921;c. C&#7893; phi&#7871;u NAKA c&#7911;a KindlyMD &#273;&atilde; gi&#7843;m h&#417;n 55% sau khi CEO c&#7843;nh b&aacute;o nh&agrave; &#273;&#7847;u t&#432; v&#7873; s&#7921; gia t&#259;ng d&#7921; ki&#7871;n trong &lsquo;bi&#7871;n &#273;&#7897;ng gi&aacute; c&#7893; phi&#7871;u&rsquo;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-next-tech-holding-plans-500-million-offering-shares-fall-nbsp">Next Tech Holding d&#7921; &#273;&#7883;nh ph&aacute;t h&agrave;nh 500 tri&#7879;u USD, c&#7893; phi&#7871;u gi&#7843;m</h2>

Trong m&#7897;t h&#7891; s&#417; S-3 v&#7899;i &#7910;y ban Ch&#7913;ng kho&aacute;n v&agrave; Giao d&#7883;ch Hoa K&#7923;, c&ocirc;ng ty &#273;&atilde; ti&#7871;t l&#7897; k&#7871; ho&#7841;ch b&aacute;n l&ecirc;n &#273;&#7871;n 500 tri&#7879;u USD <a target="_blank" href="https://vn.beincrypto.com/3-crypto-stocks-to-watch-iren-btdr/" rel="noreferrer noopener">c&#7893; phi&#7871;u ph&#7893; th&ocirc;ng th&ocirc;ng qua</a> m&#7897;t ho&#7863;c nhi&#7873;u &#273;&#7907;t ph&aacute;t h&agrave;nh. C&ocirc;ng ty cho bi&#7871;t s&#7889; ti&#7873;n huy &#273;&#7897;ng &#273;&#432;&#7907;c s&#7869; &#273;&#432;&#7907;c ph&acirc;n b&#7893; cho c&aacute;c ho&#7841;t &#273;&#7897;ng doanh nghi&#7879;p chung, <a target="_blank" href="https://beincrypto.com/learn/how-to-buy-bitcoin-in-four-easy-steps" rel="noreferrer noopener">bao g&#7891;m vi&#7879;c mua Bitcoin.</a>
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Ch&uacute;ng t&ocirc;i d&#7921; &#273;&#7883;nh s&#7917; d&#7909;ng s&#7889; ti&#7873;n thu &#273;&#432;&#7907;c t&#7915; vi&#7879;c b&aacute;n b&#7845;t k&#7923; ch&#7913;ng kho&aacute;n n&agrave;o &#273;&#432;&#7907;c ch&agrave;o b&aacute;n theo b&#7843;n c&aacute;o b&#7841;ch n&agrave;y cho c&aacute;c m&#7909;c &#273;&iacute;ch doanh nghi&#7879;p chung, bao g&#7891;m, nh&#432;ng kh&ocirc;ng gi&#7899;i h&#7841;n, vi&#7879;c mua Bitcoin,&rdquo; h&#7891; s&#417; <a href="https://www.sec.gov/Archives/edgar/data/1784970/000121390025087680/ea0257058-s3_nexttech.htm" target="_blank" rel="noreferrer noopener nofollow">cho bi&#7871;t</a>.
</blockquote>

Quy&#7871;t &#273;&#7883;nh n&agrave;y ph&ugrave; h&#7907;p v&#7899;i <a href="https://vn.beincrypto.com/tradfi-bitcoin-buying-adoption/" target="_blank" rel="noreferrer noopener">xu h&#432;&#7899;ng r&#7897;ng l&#7899;n h&#417;n c&#7911;a c&aacute;c c&ocirc;ng ty</a> t&#259;ng c&#432;&#7901;ng ti&#7871;p x&uacute;c v&#7899;i t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889;, v&#7899;i Bitcoin v&#7851;n l&agrave; l&#7921;a ch&#7885;n n&#7893;i b&#7853;t nh&#7845;t. <a href="https://bitcointreasuries.net/public-companies/next-technology-holding-inc" target="_blank" rel="noreferrer noopener nofollow">Theo</a> Bitcoin Treasuries, Next Technology Holding &#273;&atilde; n&#7857;m trong top 20 c&ocirc;ng ty n&#7855;m gi&#7919; BTC l&#7899;n nh&#7845;t, v&#7899;i 5,833 coin tr&#7883; gi&aacute; 673.96 tri&#7879;u USD.
Tuy nhi&ecirc;n, th&ocirc;ng b&aacute;o n&agrave;y kh&ocirc;ng l&agrave;m t&#259;ng ni&#7873;m tin c&#7911;a nh&agrave; &#273;&#7847;u t&#432;. D&#7919; li&#7879;u t&#7915; Yahoo Finance cho th&#7845;y c&#7893; phi&#7871;u NXTT gi&#7843;m 4.79% xu&#7889;ng c&ograve;n 0.14 USD.
<img style="height:400px;width:640px;"decoding="async" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NXTT" class="wp-image-742407 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ifRil4w_w--Qz3f2vRXbejU2UtE=/smart/75f4151bd4154a2b90900059128b6b04">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NXTT. Ngu&#7891;n: <a href="https://finance.yahoo.com/quote/NXTT/" target="_blank" rel="noreferrer noopener nofollow">Yahoo Finance</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-kindlymd-stock-crashes-55-after-pipe-shares-hit-market">C&#7893; phi&#7871;u KindlyMD gi&#7843;m 55% sau khi c&#7893; phi&#7871;u PIPE ra th&#7883; tr&#432;&#7901;ng</h2>

Trong khi &#273;&oacute;, s&#7921; th&#7845;t b&#7841;i c&#7911;a Next Technology kh&ocirc;ng ph&#7843;i l&agrave; tr&#432;&#7901;ng h&#7907;p &#273;&#417;n l&#7867;. <a target="_blank" href="https://vn.beincrypto.com/bitcoin-institutional-treasury-asset/" rel="noreferrer noopener">KindlyMD, c&ocirc;ng ty ni&ecirc;m y&#7871;t tr&ecirc;n Nasdaq</a> trong l&#297;nh v&#7921;c ch&#259;m s&oacute;c s&#7913;c kh&#7887;e, &#273;&atilde; h&#7907;p nh&#7845;t v&#7899;i Nakamoto Holdings &#273;&#7875; th&agrave;nh l&#7853;p m&#7897;t kho b&#7841;c Bitcoin, &#273;&atilde; ch&#7913;ng ki&#7871;n t&#7893;n th&#7845;t l&#7899;n h&#417;n.
NAKA gi&#7843;m h&#417;n 55%, v&#7899;i gi&aacute; &#273;&oacute;ng c&#7917;a c&#7911;a c&#7893; phi&#7871;u &#7903; m&#7913;c 1.24 USD. Trong giao d&#7883;ch tr&#432;&#7899;c gi&#7901; m&#7903; c&#7917;a, c&#7893; phi&#7871;u &#273;&atilde; t&#259;ng nh&#7865; kho&#7843;ng 4%, nh&#432;ng kh&ocirc;ng &#273;&#7911; &#273;&#7875; &#273;&#7843;o ng&#432;&#7907;c t&#7893;n th&#7845;t.
S&#7921; suy gi&#7843;m n&agrave;y l&agrave; m&#7897;t ph&#7847;n c&#7911;a xu h&#432;&#7899;ng gi&#7843;m r&#7897;ng h&#417;n. C&#7893; phi&#7871;u &#273;&atilde; gi&#7843;m g&#7847;n 73% trong n&#259;m ng&agrave;y qua, v&#7899;i m&#7913;c gi&#7843;m h&agrave;ng th&aacute;ng l&agrave; 90.9%.
<img style="height:400px;width:640px;"decoding="async" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NAKA" class="wp-image-742406 lazy" loading="lazy" src="https://assets.beincrypto.com/img/VObvX1Cekn_e-xfFtfyTRxtFvL8=/smart/6eab670f116642ed9204fa498ff69440">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u NAKA. Ngu&#7891;n: <a href="https://finance.yahoo.com/quote/NAKA/" target="_blank" rel="noreferrer noopener nofollow">Yahoo Finance</a>

Nh&#432;ng &#273;i&#7873;u g&igrave; &#273;&atilde; g&acirc;y ra s&#7921; gi&#7843;m gi&aacute; g&#7847;n &#273;&acirc;y? Trong m&#7897;t l&aacute; th&#432; g&#7917;i c&#7893; &#273;&ocirc;ng &#273;&#432;&#7907;c c&ocirc;ng b&#7889; v&agrave;o th&#7913; Hai, CEO c&#7911;a KindlyMD, David Bailey, gi&#7843;i th&iacute;ch r&#7857;ng s&#7921; bi&#7871;n &#273;&#7897;ng gia t&#259;ng &#273;&#432;&#7907;c d&#7921; ki&#7871;n khi m&#7897;t l&ocirc; c&#7893; phi&#7871;u m&#7899;i &#273;&#432;&#7907;c &#273;&#432;a v&agrave;o th&#7883; tr&#432;&#7901;ng.
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&ldquo;V&agrave;o th&#7913; S&aacute;u, ng&agrave;y 12/09, ch&uacute;ng t&ocirc;i &#273;&atilde; n&#7897;p h&#7891; s&#417; S3, &#273;&#259;ng k&yacute; c&aacute;c c&#7893; phi&#7871;u &#273;&#432;&#7907;c b&aacute;n trong &#273;&#7907;t huy &#273;&#7897;ng v&#7889;n PIPE c&#7911;a ch&uacute;ng t&ocirc;i. V&#7899;i nh&#7919;ng c&#7893; phi&#7871;u n&agrave;y v&agrave;o th&#7883; tr&#432;&#7901;ng, ch&uacute;ng t&ocirc;i d&#7921; ki&#7871;n gi&aacute; c&#7893; phi&#7871;u c&oacute; th&#7875; bi&#7871;n &#273;&#7897;ng trong m&#7897;t th&#7901;i gian,&rdquo; Bailey <a href="https://irp.cdn-website.com/1311a319/files/uploaded/Shareholder+Letter+-+September+15-+2025.pdf" target="_blank" rel="noreferrer noopener nofollow">cho bi&#7871;t</a>.
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Tuy nhi&ecirc;n, CEO nh&#7845;n m&#7841;nh &#273;&acirc;y l&agrave; c&#417; h&#7897;i &#273;&#7875; c&#7911;ng c&#7889; n&#7873;n t&#7843;ng c&#7911;a c&ocirc;ng ty v&#7899;i c&aacute;c c&#7893; &#273;&ocirc;ng c&oacute; c&ugrave;ng t&#7847;m nh&igrave;n d&agrave;i h&#7841;n. &Ocirc;ng khuy&#7871;n kh&iacute;ch c&aacute;c nh&agrave; giao d&#7883;ch ng&#7855;n h&#7841;n n&ecirc;n r&uacute;t lui, l&#432;u &yacute; r&#7857;ng nh&#7919;ng tu&#7847;n v&agrave; th&aacute;ng t&#7899;i s&#7869; l&agrave; th&#7901;i &#273;i&#7875;m quan tr&#7885;ng &#273;&#7875; <a target="_blank" href="https://beincrypto.com/learn/mastering-crypto-trading-emotions" rel="noreferrer noopener">k&#7871;t n&#7889;i nh&#7919;ng ng&#432;&#7901;i &#7911;ng h&#7897; cam k&#7871;t</a>.
Theo &ocirc;ng, c&ocirc;ng ty &#273;&atilde; s&#7861;n s&agrave;ng &#273;&#7875; ti&#7871;n xa h&#417;n trong chi&#7871;n l&#432;&#7907;c c&#7911;a m&igrave;nh v&agrave; v&#432;&#7907;t qua giai &#273;o&#7841;n n&agrave;y v&#7899;i s&#7921; &#273;&#7891;ng thu&#7853;n v&agrave; quy&#7871;t t&acirc;m l&#7899;n h&#417;n t&#7915; c&aacute;c nh&agrave; &#273;&#7847;u t&#432;.
M&#7863;c d&ugrave; nh&#7919;ng b&igrave;nh lu&#7853;n c&#7911;a Bailey th&#7875; hi&#7879;n s&#7921; t&#7921; tin, <a target="_blank" href="https://vn.beincrypto.com/dont-buy-dat-stock-buy-bitcoin-investor-warns/" rel="noreferrer noopener">s&#7921; bi&#7871;n &#273;&#7897;ng m&#7841;nh c&#7911;a c&#7893; phi&#7871;u</a> l&agrave;m n&#7893;i b&#7853;t nh&#7919;ng lo ng&#7841;i li&ecirc;n t&#7909;c v&#7873; hi&#7879;u su&#7845;t c&#7893; phi&#7871;u li&ecirc;n quan &#273;&#7871;n ti&#7873;n &#273;i&#7879;n t&#7917; &mdash; m&#7897;t l&#297;nh v&#7921;c v&#7889;n d&#297; r&#7845;t bi&#7871;n &#273;&#7897;ng. S&#7921; s&#7909;t gi&#7843;m n&agrave;y c&#361;ng &#273;&atilde; thu h&uacute;t s&#7921; ch&#7881; tr&iacute;ch &#273;&aacute;ng k&#7875; t&#7915; Peter Schiff, m&#7897;t nh&agrave; kinh t&#7871; n&#7893;i ti&#7871;ng v&agrave; l&agrave; ng&#432;&#7901;i ch&#7881; tr&iacute;ch BTC.
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&ldquo;Ngay t&#7915; &#273;&#7847;u, t&ocirc;i &#273;&atilde; c&#7843;nh b&aacute;o r&#7857;ng c&aacute;c c&ocirc;ng ty kho b&#7841;c Bitcoin l&agrave; nh&#7919;ng m&ocirc; h&igrave;nh Ponzi &#273;&#432;&#7907;c x&acirc;y d&#7921;ng tr&ecirc;n m&#7897;t kim t&#7921; th&aacute;p. H&ocirc;m nay NAKA, m&#7897;t trong nh&#7919;ng c&ocirc;ng ty n&agrave;y, &#273;&atilde; gi&#7843;m 55%. C&#7893; phi&#7871;u hi&#7879;n &#273;&atilde; gi&#7843;m 96% k&#7875; t&#7915; m&#7913;c cao v&agrave;o th&aacute;ng N&#259;m tr&ugrave;ng v&#7899;i H&#7897;i ngh&#7883; Bitcoin Vegas, n&#417;i t&ocirc;i &#273;&atilde; khuy&ecirc;n ng&#432;&#7901;i tham d&#7921; kh&ocirc;ng n&ecirc;n &#273;&#7847;u t&#432;,&rdquo; Schiff <a href="https://x.com/PeterSchiff/status/1967766890836902320" target="_blank" rel="noreferrer noopener nofollow">ph&aacute;t bi&#7875;u</a>.
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Nh&#7919;ng di&#7877;n bi&#7871;n n&agrave;y l&agrave;m n&#7893;i b&#7853;t nh&#7919;ng th&aacute;ch th&#7913;c &#273;&#7889;i v&#7899;i c&aacute;c c&ocirc;ng ty chuy&#7875;n h&#432;&#7899;ng sang kho b&#7841;c Bitcoin. Trong khi nh&#7919;ng ng&#432;&#7901;i &#7911;ng h&#7897; l&#7853;p lu&#7853;n v&#7873; gi&aacute; tr&#7883; t&iacute;ch l&#361;y d&agrave;i h&#7841;n, <a target="_blank" href="https://vn.beincrypto.com/bitcoin-treasury-stocks-split-circle-microstrategy/" rel="noreferrer noopener">s&#7921; s&#7909;t gi&#7843;m c&#7893; phi&#7871;u g&#7847;n &#273;&acirc;y cho th&#7845;y</a> s&#7921; ho&agrave;i nghi c&#7911;a th&#7883; tr&#432;&#7901;ng &#273;&#7889;i v&#7899;i s&#7921; m&#7903; r&#7897;ng nhanh ch&oacute;ng v&agrave; c&aacute;c r&#7911;i ro li&ecirc;n quan.