Nakamoto Dumps Bitcoin at a Major Loss, SEC Filing Reveals
The post Nakamoto Dumps Bitcoin at a Major Loss, SEC Filing Reveals appeared on BitcoinEthereumNews.com.
Nakamoto Inc. sold 284 BTC at $70,422 each, far below its $118,171 average buy price. Here’s what the SEC filing reveals. Nakamoto Inc. is under scrutiny after a surprising disclosure. The Bitcoin treasury firm sold 284 BTC in March 2026 for roughly $20 million. According to its March 30 SEC 10-K filing, the sale price averaged $70,422 per coin. That figure sits well below the firm’s weighted average purchase price of $118,171. The sale has drawn sharp reactions across the crypto community. Read also: Bhutan Moves 123 BTC Again, Total Bitcoin Transfers Top $45M in Two Days Nakamoto’s Bitcoin Sale Raises Red Flags Among Investors The firm, led by CEO David Bailey, built a 5,342 BTC position throughout 2025. It raised $540 million to fund that accumulation. The proceeds from March’s sale went toward a U.S. dollar operating reserve. Nakamoto says those funds cover ongoing initiatives and operational expenses. After the sale, Nakamoto holds 5,058 BTC on its balance sheet. The loss per coin came in at roughly $47,749. That gap has not gone unnoticed. Critics quickly pointed to the firm’s stock performance, with shares trading at $0.23 and down 99% from 2025 highs. Despite the criticism, Bailey has laid out a forward-looking plan. He pledged to exit healthcare, scale revenue streams, and grow Bitcoin holdings carefully. However, the timing of the sale has left many observers questioning the firm’s treasury strategy. JUST IN: Bitcoin maximalist David Bailey’s firm Nakamoto has DUMPED $20 million in Bitcoin at $70,422 per coin, well below its average purchase price of $118,171, according to new SEC filing. pic.twitter.com/wQJPRopBrS — Jacob King (@JacobKinge) March 30, 2026 SEC Filing Details Nakamoto’s Growing Bitcoin Ecosystem Beyond the controversial sale, the filing paints a broader picture of Nakamoto’s ambitions. The company acquired BTC Inc. and UTXO Management in…
Filed under: News - @ March 31, 2026 11:21 am