Nakamoto Inc., a publicly traded entity, has disclosed a significant transaction involving the sale of 284 bitcoins for approximately $20 million. This sale, executed in March, was carried out at an average price of $70,422 per bitcoin, translating to a steep loss given the average purchase price of $118,171 per bitcoin, resulting in a loss exceeding 40%.
This move comes in light of the company's recent financial struggles, reporting net losses escalating from $3.6 million to $52.2 million over the past year. By the conclusion of 2025, the price of Bitcoin had decreased to $87,519, contributing to a staggering loss of $166.2 million following a reassessment of reserves. Currently, Nakamoto holds digital assets totaling $467.5 million, which includes a stock of 1,625 BTC.
In a quarterly report, CEO David Bailey outlined a strategic transformation for the company, announcing its complete withdrawal from the medical sector, which generated only $1.8 million in revenue for 2025. Moving forward, Nakamoto plans to concentrate on integrating newly acquired assets, having already purchased bitcoin media outlet BTC Inc and investment fund UTXO Management. Bailey emphasized that management will actively pursue future acquisitions.
