nakamoto

Nakamoto Inc., a Bitcoin treasury company led by entrepreneur David Bailey, announced that its medical clinic ceased operations on June 19, completing the liquidation of legacy medical businesses inherited from its merger with KindlyMD in 2025. This exit marks the nearing end of Nakamoto's transition to a Bitcoin-centric operational model— the company will focus on three main business segments: media and information services, asset management, and consulting services, to build a recurring revenue system.CEO Bailey stated that the company has established a differentiated platform that includes a globally leading Bitcoin media and events platform, a continuously growing asset management business, and consulting practices, now fully focused on scalability and long-term shareholder value. Nakamoto is one of the Bitcoin treasury companies that emerged in 2025, rising alongside Tether and Strike founder Jack Mallers' Twenty One Capital. Nakamoto obtained approximately $540 million in PIPE financing through its merger with KindlyMD to purchase Bitcoin, and as of today holds 4,467 BTC, valued at approximately $278.5 million.

On this day in history, 16 years ago, Satoshi Nakamoto responded to community users who raised the issue of how to solve the problem of lost bitcoins, stating: "Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone."

According to BBX data, last week institutional research qualitatively shifted historically, with Bitcoin reserve companies accelerating deleveraging. The core dynamics are as follows:Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered PLC (LSE: $STAN), released a research report on June 12, officially declaring that "the crypto winter is likely over." He believes that the $59,000 level for Bitcoin has formed the low point of this bear market cycle, marking a significant turning point in market sentiment. Kendrick stated that a large amount of IPO allocation funds will flow back into risk assets after the SpaceX IPO, and the funding flow for Bitcoin spot ETFs is expected to achieve a structural reversal after this adjustment, combined with the continuous expansion of corporate reserve demand, supporting his view with three factors. This is the strongest "bear end" qualitative statement from institutional research so far in 2026— the last similar clear statement came from the same team at Standard Chartered in December 2023, after which Bitcoin confirmed a breakthrough of historical highs in 2024.Nakamoto Inc. (NASDAQ: $NAKA) (Nashville, a Bitcoin operating company, also operating Bitcoin Magazine) disclosed a series of balance sheet optimization measures through an official press release on BusinessWire on June 11: selling approximately 600 BTC and Bitcoin-related derivatives, netting about $48 million, to repay a $45 million loan to Kraken (Payward Interactive); the remaining loan balance is $165 million USDT (down from the original $210 million), restructured under new terms: $60 million USDT maturing on December 4, 2026, and $105 million USDT extended to June 30, 2027; the new interest rate is reduced to 7.75% (previously 8%), requiring the maintenance of 2,000 BTC as collateral in a Bitwise Asset Management custodial account, saving approximately $4 million in annual financing costs; the board also approved a $25 million stock repurchase plan (as of December 31, 2026). After the transaction, the company holds approximately 4,467 BTC (approximately $284 million, estimated at recent prices); the company previously completed a 1-for-40 reverse stock split at the end of May and received confirmation from Nasdaq on June 9 that it has restored compliance with the minimum $1 share price requirement; after the news was announced, $NAKA briefly rose about 20% during trading.

Nakamoto, the Bitcoin treasury company, announced that it is strengthening its capital structure and financial flexibility through debt reduction, refinancing, and stock buyback authorization. The company has reduced its outstanding debt by approximately $45 million by monetizing part of its Bitcoin holdings and Bitcoin-related derivative positions.The repayment funds came from the sale of approximately 600 BTC and Bitcoin-related derivative positions, with net proceeds of about $48 million. After the transaction, the company still holds approximately 4,467 BTC on its balance sheet.The company has also signed a new loan term sheet with Payward Interactive, a subsidiary of Kraken, extending the principal of approximately 105 million USDT until June 30, 2027. The remaining outstanding balance is 165 million USDT, of which 60 million USDT will mature on December 4, 2026.In addition, the Nakamoto board has authorized a stock buyback plan of up to $25 million. This plan is effective until December 31, 2026, and the company may repurchase common stock through open market purchases, privately negotiated transactions, block trades, and other methods.

According to CoinDesk, an address from the "Satoshi era" that has never been used since March 2011, holding 35.55 bitcoins (approximately $2.54 million), made a transfer this week, which is seen as one of the first publicly visible responses from defendants in a lawsuit involving approximately 3.8 million bitcoins (valued at about $285 billion) in New York.On-chain data shows that the address transferred 15 BTC to a new address on June 2, keeping the remaining 20.55 BTC as change. The address initially received bitcoins on March 27, 2011, when the price of BTC was less than $1.In March of this year, a plaintiff using the pseudonym "Noah Doe" filed a lawsuit in New York state court alongside two LLCs from Wyoming, attempting to claim ownership of approximately 3.8 million long-dormant bitcoin wallets under New York's lost property law, positioning themselves as the "discoverer." The court approved sending on-chain notifications to the relevant wallets via the bitcoin OP_RETURN field.In July 2025, the advisory firm Salomon Brothers Strategic Advisors sent dust transactions with links to legal notices to 39,000 wallets, including the aforementioned address, requesting holders to prove ownership within 90 days.Alex Thorn, head of research at Galaxy Research, pointed out that the address corresponds to defendant number 38215 in the case, stating, "Clearly, these bitcoins have not actually been abandoned."Additionally, another address that had been dormant for 15 years, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, also transferred 20 BTC (approximately $1.48 million) on the same day, but this address did not appear on Noah Doe's list of lawsuits.Analysis suggests that the on-chain movements mentioned above indicate that some bitcoins from the Satoshi era, considered "abandoned assets," are actually still under the control of the original holders.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $27.4 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are trying to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and they claim the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address. However, even if they win completely, they will only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses.But Galaxy indicated that the real value of the New York ruling lies in its potential to serve as a "title defect." If these bitcoins appear in any regulated venue, the plaintiff Noah Doe can use this document to raise objections with exchanges or custodians.

According to a report by businesswire, Nasdaq-listed Bitcoin treasury company Nakamoto announced that Chairman and CEO David Bailey spent nearly $1 million to purchase 191,448 shares of the company's common stock in the open market from May 26 to May 28.Nakamoto disclosed that it holds over 5,000 Bitcoins on its balance sheet, and as of now, David Bailey holds approximately 18.25% of the company's outstanding common stock.

According to Cointelegraph, plaintiff Noah Doe and two limited liability companies from Wyoming filed a lawsuit in New York, USA, on May 1, seeking a court ruling on their ownership of 39,069 dormant Bitcoin addresses, citing New York State's lost property law, claiming that the relevant addresses' holdings constitute legally "abandoned property."The addresses involved include those starting with "12c6D" associated with Satoshi Nakamoto and those starting with "1Feex" linked to the Mt. Gox hack. According to estimates by Timechain Index founder, the listed addresses hold approximately 3.7 million BTC, valued at around $28.5 billion.However, Noveleader, chief research analyst at investment research firm Castle Labs, pointed out that even if the court rules in favor of the plaintiffs, it would only be symbolic, as the Bitcoin network itself does not have a mechanism for reallocating funds without private keys. Additionally, the plaintiffs sent legal notices to P2PKH format addresses, while the involved BTC is actually stored in P2PK scripts. The analyst believes this move is "structurally flawed," which could render the abandonment notice procedure itself invalid.

Nakamoto, a Bitcoin treasury company listed on NASDAQ, announced that it will implement a 1-for-40 reverse stock split to meet the ongoing listing requirements for NASDAQ's minimum bid price. The plan has been approved by the shareholders' meeting, and after the split, the number of outstanding shares will decrease from approximately 696.1 million shares to about 17.4 million shares, while the par value and total authorized capital will remain unchanged. The stock split will take effect on May 22, 2026, at 12:01 AM Eastern Time, and the adjusted shares will continue to trade at the post-split price after the market opens on the same day, with the trading code remaining NAKA.

Nakamoto (NAKA) has officially transformed into a Bitcoin operating company. The financial report shows that due to the decline in Bitcoin prices, the company incurred a net loss of nearly $239 million in the first quarter. As a result, its stock price hit a historic low of $0.16 on Thursday, down more than 99.5% from its 52-week high. The company's total revenue for the first quarter was $2.7 million, of which $1.1 million came from derivatives strategies.To meet working capital needs, the company sold 284 Bitcoins in the first quarter, worth approximately $22 million, and additionally sold 40 Bitcoins as revenue, worth about $3.2 million. Currently, Nakamoto still holds over 5,000 Bitcoins, with a holding value of over $400 million.

According to Cointelegraph, Bitcoin company Nakamoto announced its quarterly financial report, showing a 500% quarter-over-quarter revenue growth, but a net loss of $238.8 million, primarily impacted by a $107.7 million non-cash impairment related to pre-acquisition options and an unrealized loss of $102.5 million from its holding of 5,058 bitcoins.Of Nakamoto's revenue, over $1.1 million came from its new Bitcoin treasury and derivatives strategy, $800,000 from its media business, $500,000 from healthcare, and $200,000 from asset management services. The company completed its acquisition of Bitcoin news agency BTC Inc. and investment platform UTXO Management in February, which contributed to some of its revenue. The company did not purchase any bitcoins in the first quarter but sold 284 bitcoins on March 31 for operating expenses.Nakamoto's stock price has fallen over 99% this year, with a slight increase of 2.7% to $0.18 in after-hours trading. The company plans to fully divest its healthcare business by the end of the second quarter and utilize its Bitcoin holdings to develop derivative strategies for generating revenue.

Alex Thorn, the research director at Galaxy, posted on the X platform that after in-depth discussions with several individuals in the Bitcoin industry regarding quantum computing and Bitcoin issues, he believes that the market is gradually reaching a consensus: First, the approximately 1.1 million BTC held by Satoshi Nakamoto (distributed across about 22,000 P2PK addresses) should not be casually used. If their property rights are infringed upon to address quantum risks, it could undermine the core value proposition of Bitcoin. Even in extreme cases where these BTC are transferred, the market has a strong absorption capacity and can further mitigate risks through solutions like "Hourglass."Second, promoting research, testing, and signature compression of new cryptographic technologies such as quantum-resistant (PQ) cryptography for Bitcoin is a positive direction. It can prepare emergency plans in advance, but care should be taken to avoid causing a consensus deadlock or introducing inadequately verified new risks by prematurely pushing for protocol layer implementation. Even if the quantum threat has only a 1% chance of impacting Bitcoin, it is worth continuing to invest in research.

According to market news, the Nasdaq-listed company Nakamoto announced its actively managed Bitcoin derivatives program, which will operate starting in the first quarter of 2026. The program aims to generate recurring volatility returns from a portion of the company's Bitcoin holdings and to hedge against some downside risk in Bitcoin prices.The program is managed by Bitwise Asset Management through a separately managed account, with the relevant Bitcoin held by Kraken's qualified custody solution as collateral. The strategy includes covered call options and call spreads on the income side, as well as protective put options and put spreads on the hedging side. Nakamoto stated that the premiums earned from the program could be used to cover hedging costs, increase Bitcoin holdings, or for general corporate purposes. The results for the first quarter of 2026 will be included in the quarterly 10-Q report for that period.

Galaxy Research Director Alex Thorn stated on the X platform that the amount of Bitcoin currently held by Strategy has surpassed that of the world's largest Bitcoin ETF, IBIT. According to the current accumulation trend, Strategy is expected to surpass Satoshi Nakamoto in the next two years, becoming one of the largest Bitcoin-holding entities in the world.

The Bitcoin protocol Layer2 settlement network officially launched on April 6, achieving optimization and upgrades in on-chain data statistics and computing capabilities.In terms of technology, Layer2 supports deep cumulative calculations on-chain, which can more accurately reflect the on-chain team size and business data, improving processing efficiency in complex scenarios.In terms of governance, the protocol has transferred core permissions to a multi-signature contract, while adopting a dual-track governance model where developers and core community members each hold 50%, with an execution threshold of 65%, further enhancing decentralization.This upgrade completes the transition of the protocol to community autonomy, providing technical and governance references for the DeFi sector.

David Bailey's "Nakamoto" DAT has sold approximately 20 million dollars worth of Bitcoin, at a transaction price of about 70,422 dollars, which is lower than its average holding cost of 118,171 dollars.

According to data from Arkham Intelligence, at the beginning of 2026, the largest single holder of Bitcoin globally remains Satoshi Nakamoto (holding approximately 1.096 million Bitcoins), followed closely by major exchanges, ETF issuers, governments, and publicly listed companies. Among them:In terms of exchanges, wallets controlled by Coinbase hold approximately 982,000 Bitcoins, accounting for about 5% of the total circulating supply of Bitcoin; Binance holds approximately 655,000 Bitcoins, accounting for about 3.3% of its total wallet supply.In terms of institutions, BlackRock leads among all ETF issuers, with its spot Bitcoin ETF holding 775,000 Bitcoins; Fidelity Custody holds 460,000 Bitcoins, while Grayscale, Bitwise, and ARK Invest also hold significant on-chain positions.In terms of governments, the U.S. government manages 328,000 Bitcoins across multiple wallets; the UK controls 61,245 Bitcoins; El Salvador holds approximately 7,500 Bitcoins; Bhutan holds approximately 5,400 Bitcoins.Among publicly listed companies, Strategy reports that it holds 738,000 Bitcoins; mining company MARA claims its inventory of Bitcoins is 53,200; Metaplanet holds 35,100 Bitcoins.Additionally, Tether holds 96,300 on-chain verified Bitcoins; SpaceX holds approximately 8,300 Bitcoins; Block.one claims to own approximately 164,000 Bitcoins.

Decentralized health incentive protocol BitRing announced that the team will launch the AI short drama "BitRing-Satoshi Nakamoto Block Zero."It is reported that the visuals, actors, performances, voice acting, and emotional expressions of the drama are all completed by AI, featuring cinematic-level visual quality.

The Bitcoin treasury company Nakamoto announced that it has signed a final acquisition agreement to acquire the Bitcoin media and conference organization BTC Inc, as well as the asset management firm UTXO Management, which focuses on Bitcoin-related investments. The transaction is expected to be completed in the first quarter of 2026.According to the announcement, the acquisition will be completed in stock, with BTC Inc and UTXO shareholders collectively receiving approximately 364 million shares of Nakamoto common stock, corresponding to a total transaction value of approximately $107 million.

According to Cointelegraph monitoring, over the weekend, an anonymous person transferred 2.565 bitcoins to Satoshi Nakamoto's genesis address, worth approximately $181,000.