David Bailey owns bitcoin magazine and runs the bitcoin conference, is sort of kind of allies with trump, and so should be able to scam late investors and take care of the earliest investors. His brazen self dealing is no red flag as long as he has political cover from trump and the NAV premium is what he tells his accountants it has to be to attract further investment.

NAKA is only slightly scammier than MSTR so why get all exercised?

Sell cold storage coins and buy NAKA, it's early and this can run for a long time, what can possibly go wrong?