Nakamoto Posts $238.8M Q1 Loss as Bitcoin Falls 23%

Nakamoto posted a $238.8 million net loss in Q1 2026 as a $102.5 million mark-to-market loss hit its 5,058 BTC treasury after Bitcoin fell 23% during the quarter. Revenue grew sixfold quarter over quarter after the company closed the acquisitions of BTC Inc. and UTXO Management on Feb. 20. Nakamoto sold 284 BTC on March 31 to cover operational expenses.

BTC-1.77%
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