Nakamoto Shares Hit New Low After $239M Q1 Loss and Bitcoin Sales

Nakamoto shares hit a new low after the company reported a nearly $239 million Q1 net loss tied to lower Bitcoin prices. The firm sold 284 BTC worth about $22 million for working capital and another 40 BTC worth about $3.2 million from premium income. Nakamoto still held more than 5,000 BTC worth over $400 million.

BTC-2.52%
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