{"id":697448,"date":"2026-05-27T08:00:26","date_gmt":"2026-05-27T08:00:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/697448\/"},"modified":"2026-05-27T08:00:26","modified_gmt":"2026-05-27T08:00:26","slug":"charles-hoskinsons-250m-clinic-to-close-after-buying-up-nfts-and-robots","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/697448\/","title":{"rendered":"Charles Hoskinson&#8217;s $250M clinic to close after buying up NFTs and robots"},"content":{"rendered":"<p>A $250 million medical clinic launched by Cardano creator Charles Hoskinson is shutting down after scaling too quickly and burning through cash left it \u201cno longer financially sustainable.\u201d<\/p>\n<p>When the Hoskinson Health and Wellness Clinic opened in Wyoming in 2023, Hoskinson claimed it would become the \u201cMayo Clinic of the West,\u201d where a wide variety of specialised healthcare would be available to locals from the rural region.<\/p>\n<p>However, despite the fanfare, in December 2025, two concreting firms created by Hoskinson, which were helping to expand the clinic, announced 136 layoffs. The clinic itself then announced a further 40 job cuts in January.<\/p>\n<p>The clinic, which was decorated with some of Hoskinson\u2019s favourite knicknacks, including talking robots, space NFTs, and Roman coins, subsequently <a href=\"https:\/\/cowboystatedaily.com\/2026\/01\/19\/hoskinson-clinic-in-gillette-lays-off-40-as-family-admits-it-grew-too-fast\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">admitted<\/a> that it had scaled too quickly and was burning through cash.<\/p>\n<p>Hoskinson said at the time, \u201cThe blame for growing too fast falls on the Hoskinson family. We moved too quickly because we wanted to say \u2018yes\u2019 to every request for help.\u201d<\/p>\n<p>Five months on, the Cowboy State Daily <a href=\"https:\/\/cowboystatedaily.com\/2026\/05\/22\/gillettes-250-million-hoskinson-health-clinic-to-close\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">reports<\/a> that the clinic\u2019s leaders informed staff on Friday that the clinic would shut down on July 31.<\/p>\n<p><a href=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140058\/Hoskinson-clinic-scaled.webp\" data-lbwps-width=\"2560\" data-lbwps-height=\"1707\" data-lbwps-srcsmall=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140058\/Hoskinson-clinic-scaled.webp\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Hoskinson-clinic-1024x683.webp\" alt=\"\" class=\"wp-image-124622\"  \/><\/a>Exterior of the Hoskinson Health and Wellness Clinic. Photo from the clinic\u2019s <a href=\"https:\/\/hoskinsonhealth.com\/careers\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">website<\/a>.<\/p>\n<p>Read more: <a href=\"https:\/\/protos.com\/cardano-crisis-senior-dev-quits-after-hoskinson-calls-in-the-feds\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cardano crisis: senior dev quits after Hoskinson calls in the feds<\/a><\/p>\n<p>A spokesperson said, \u201cWe have reached the difficult conclusion that the organization is no longer financially sustainable in its current form.\u201d<\/p>\n<p>The clinic <a href=\"https:\/\/www.facebook.com\/share\/18sTHLAqhE\/?mibextid=wwXIfr\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">posted<\/a> on Facebook, \u201cWe set out to create something very ambitious: a place where patients in our rural community could access advanced care, specialty providers, prevention programs, and modern medical technology without having to leave the region.\u201d<\/p>\n<p>Patients, staff, and the community will supposedly see \u201can orderly, compassionate, and responsible transition.\u201d<\/p>\n<p>\u201cOur last day of patient appointments is July 31, 2026. Between now and then, our full team remains committed to your care. We strongly encourage you to establish care with a new provider before our closing date so there is no interruption to your healthcare,\u201d it posted.<\/p>\n<p>Hoskinson leaves patients and doctors scrambling for help<\/p>\n<p>Hoskinson claims that his clinic was serving between 18,000 and 20,000 patients. Cowboy State Daily <a href=\"https:\/\/cowboystatedaily.com\/2026\/05\/22\/gillettes-250-million-hoskinson-health-clinic-to-close\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">spoke<\/a> with some of these patients who will be impacted by the closure.\u00a0<\/p>\n<p>Shawnna Langdon, who lives with aggressive rheumatoid arthritis, relied on the clinic\u2019s vicinity to her home to help with her pain. The next nearest clinic is in South Dakota.<\/p>\n<p>She planned to transfer all her rheumatology care to the clinic this summer, but is now rushing to find new doctors and reschedule surgery that was cancelled.<\/p>\n<p>Other patients took to online forums to express their sadness over the closure. Doctors who were slated to start work at the firm in January were also hung out to dry and told there was no job for them.\u00a0<\/p>\n<p>One anonymous doctor claimed they completed their background check and fulfilled all the relevant requirements before their offer was withdrawn.\u00a0<\/p>\n<p>They said, \u201cWhen I asked them why the offer was withdrawn, they told me it\u2019s a business organization decision. The team decided not to open the position.\u201d<\/p>\n<p>\u201cThis has been extremely difficult for me, like right now, personally and professionally,\u201d they claimed, adding that they were preparing to relocate for the job.<\/p>\n<p>\u201cIt\u2019s a very hard time for me now,\u201d the doctor added.\u00a0<\/p>\n<p>The clinic housed Roman coins, NFTs, and robots<\/p>\n<p>Cowboy State Daily describes the clinic as a \u201cpersonal museum of Charles Hoskinson\u2019s globe-trotting life.\u201d<\/p>\n<p>Dotted throughout the clinic are Hoskinson\u2019s favourite works of art, Roman coins, a replica of the Book of the Dead, and an NFT that was \u201cflown\u201d into space, all on display.\u00a0<\/p>\n<p>The waiting room is modeled on his favorite Swedish hotel, there\u2019s an \u201cinfinity room\u201d that uses mirrors to display your reflection an infinite number of times, and another infinity statue in the waiting room.\u00a0\u00a0<\/p>\n<p>There were replica robots from the sci-fi series Lost in Space and The Forbidden Planet, and plans to install several exotic fish and dart frog enclosures.\u00a0<\/p>\n<p><a href=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140140\/Hoskinson-clinic-entrance-1-scaled.webp\" data-lbwps-width=\"2560\" data-lbwps-height=\"1707\" data-lbwps-srcsmall=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140140\/Hoskinson-clinic-entrance-1-scaled.webp\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"124625\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Hoskinson-clinic-entrance-1-1024x683.webp\" alt=\"\" class=\"wp-image-124625\"  \/><\/a><\/p>\n<p><a href=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140140\/Hoskinson-clinic-waiting-room-scaled.webp\" data-lbwps-width=\"2560\" data-lbwps-height=\"1707\" data-lbwps-srcsmall=\"https:\/\/protos-media.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2026\/05\/26140140\/Hoskinson-clinic-waiting-room-scaled.webp\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"124624\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Hoskinson-clinic-waiting-room-1024x683.webp\" alt=\"\" class=\"wp-image-124624\"  \/><\/a><br \/>\nThe waiting room and entrance of the clinic. Photo from the clinic\u2019s <a href=\"https:\/\/hoskinsonhealth.com\/careers\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">website<\/a>.<\/p>\n<p>Read more: <a href=\"https:\/\/protos.com\/cardano-whale-slams-charles-hoskinson-calls-for-voting-revolt\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cardano whale slams Charles Hoskinson, calls for voting revolt<\/a><\/p>\n<p>The building was also going to include a private \u201cnapatorium\u201d where Hoskinson could sleep. The room was inspired by Thomas Edison and his attempts to enter a semi-lucid state where he could come up with creative ideas.\u00a0<\/p>\n<p>Hoskinson\u2019s mum, Patricia Hoskinson, <a href=\"https:\/\/cowboystatedaily.com\/2025\/10\/04\/hoskinson-health-in-gillette-aims-to-be-the-mayo-clinic-of-the-west\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">claimed<\/a> when showing reporters the clinic that, \u201cHe takes power naps, OK, and so that\u2019s where he gets all these brilliant ideas.\u201d<\/p>\n<p>Plans for the clinic also included hanging dinosaur fossils from the ceiling and the inclusion of Godzilla and Mothra figures.\u00a0<\/p>\n<p>The decision to fill the facility with oddities left some Cardano supporters angry at Hoskinson\u2019s decisions to torch billions of his ADA on a \u201cvanity clinic.\u201d<\/p>\n<p>The X account belonging to former Cardano crypto project Meshnet Capital <a href=\"https:\/\/x.com\/MeshnetCapital\/status\/2058223029591920658?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a>, \u201cTalking robots, a napatorium, space NFTs, Roman coins on the walls. Now closing. His bailout token flopped because he already burned the community. Cardano was the slow rugpull.\u201d<\/p>\n<p>Other users <a href=\"https:\/\/x.com\/TheCardanoTimes\/status\/2058452825894424743?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">complained<\/a> that Hoskinson spent millions on \u201cpersonal pet projects,\u201d while some <a href=\"https:\/\/x.com\/MintedSYD\/status\/2058581574199758928?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">compared<\/a> him to a \u201csnake oil salesman.\u201d<\/p>\n<p>One former Cardano supporter who goes by the X username \u201c@thecardanotimes,\u201d <a href=\"https:\/\/x.com\/TheCardanoTimes\/status\/2059004908364267689?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a> yesterday that they devoted their life to the project, and that they\u2019ll \u201cnever forgive Charles Hoskinson for his greed, his ego, and now his desperation.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Charles Hoskinson spent hundreds of millions on personal pet projects.<\/p>\n<p>He wanted a medical center, so he built a clinic in rural Wyoming where even the biggest medical centers won\u2019t touch due to lack of profitability.<\/p>\n<p>The building took too long with third party contractors, so\u2026 <a href=\"https:\/\/t.co\/Y01T1E0JTS\" rel=\"nofollow\">https:\/\/t.co\/Y01T1E0JTS<\/a><\/p>\n<p>\u2014 Maximus (@TheCardanoTimes) <a href=\"https:\/\/twitter.com\/TheCardanoTimes\/status\/2058452825894424743?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 24, 2026<\/a><\/p>\n<p>Read more: <a href=\"https:\/\/protos.com\/cardano-has-lost-15b-since-trump-reneged-on-strategic-reserve-promise\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cardano has lost $15B since Trump reneged on Strategic Reserve promise<\/a><\/p>\n<p>Hoskinson has yet to address the clinic\u2019s closure on his X account.\u00a0<\/p>\n<p>He has, however, <a href=\"https:\/\/x.com\/MinswapIntern\/status\/2058503276174446957?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">suggested<\/a> how to reset the project\u2019s governance structure and put himself <a href=\"https:\/\/x.com\/MinswapIntern\/status\/2058253491165106621?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">forward<\/a> as a DRap, someone who can vote on governance proposals on behalf of others.\u00a0<\/p>\n<p>Last November, one of Hoskinson\u2019s senior developers, Roman Kireev <a href=\"https:\/\/protos.com\/cardano-crisis-senior-dev-quits-after-hoskinson-calls-in-the-feds\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">quit<\/a> Input | Output after Hoskinson expressed his support for an FBI investigation into a staking pool operator who \u201caccidentally broke\u201d the network while \u201cvibe coding.\u201d<\/p>\n<p>Protos has reached out to the Hoskinson Health and Wellness Clinic for comment and will update this piece should we hear anything back.<\/p>\n<p>Got a tip? Send us an email securely via\u00a0<a href=\"https:\/\/leaks.protos.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Protos Leaks<\/a>. For more informed news and investigations, follow us on\u00a0<a href=\"https:\/\/twitter.com\/protos\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X<\/a>,\u00a0<a href=\"https:\/\/bsky.app\/profile\/protos.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bluesky<\/a>, and\u00a0<a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLmroQsw0bW5Aw\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Google News<\/a>, or subscribe to our\u00a0<a href=\"https:\/\/youtube.com\/protosmedia\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>\u00a0channel.<\/p>\n<p>\t\t\t<script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"A $250 million medical clinic launched by Cardano creator Charles Hoskinson is shutting down after scaling too quickly&hellip;\n","protected":false},"author":2,"featured_media":697449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,63592,340000,137,500],"class_list":["post-697448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-cardano","tag-charles-hoskinson","tag-health","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/697448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=697448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/697448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/697449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=697448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=697448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=697448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}