Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1

Bitcoinist05-14 22:00

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2635742929?lang=en_US&edition=fundamental","thumbnail":"https://bitcoinist.com/wp-content/uploads/2026/05/a_95656d.jpg?resize=350%2C250","is_english":true,"pubTime":"2026-05-14 22:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2635742929","market":"nz","top_or_hot":-1,"title":"Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1","media":"Bitcoinist","content":"<div>\n<p>Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nNakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked ...</p>\n\n<a href=\"https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/\">Source Link</a>\n\n</div>\n","source":"bitcoinist_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-14 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/><strong>Bitcoinist</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nNakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked ...</p>\n\n<a href=\"https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITX","symbol_name":"2倍比特币期货ETF-Volatility Shares","start_time":0,"source_url":"https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/","article_id":"2635742929","we_media_id":null,"thumbnails":["https://bitcoinist.com/wp-content/uploads/2026/05/a_95656d.jpg?resize=350%2C250"],"rights":{"source":"bitcoinist_highlight","url":"https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2635742929","pubTimestamp":1778767252,"columns":[],"sourceInfo":{"source_id":"bitcoinist_highlight","name":"Bitcoinst"},"weMediaInfo":null,"summary":"Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked inside...","collect":0,"end_time":0,"defaultTopTitle":"bitcoinist.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITX":"2倍比特币期货ETF-Volatility Shares","BTC":"Grayscale Bitcoin Mini Trust","BITO":"比特币期货ETF-ProShares","IBIT":"比特币ETF-iShares"},"translate_title":"比特币公司中本聪第一季度收入激增但现金流失","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBIT":0.6,"BTC":0.6,"BITO":0.6,"BITX":0.6},"content_text":"Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nNakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked inside the company’s first-quarter results released Wednesday, captures where the Bitcoin treasury firm stands heading into the second half of 2026 — growing fast on paper, but still burning through cash.\nRelated Reading: Iran’s Hidden Crypto Trails Exposed As Arkham Publishes Public Wallet Map\nA Rough Quarter By The Numbers\nThe company posted a net loss of $238 million for Q1, a figure that looks alarming until the accounting is unpacked. Two non-cash items drove most of the damage: a $107 million charge tied to a pre-acquisition option, and a $102 million mark-to-market hit on its 5,058 Bitcoin holdings after the cryptocurrency dropped 23% during the quarter.\n\n\n\n\n\n\nDespite that, revenue climbed more than 500% compared to the prior quarter, reaching $2.7 million. The jump was fueled by contributions from four business lines — Bitcoin treasury and derivatives brought in $1 million, the media arm added $800,000, healthcare operations contributed $500,000, and asset management services generated $200,000.\n\nUpdate: Nakamoto Reports First Quarter 2026 Results\nRead the full announcement here: https://t.co/5roGlPWjFq\n— Nakamoto (@nakamoto) May 13, 2026\nCEO David Bailey called Q1 a transformational period for the company. He pointed to two acquisitions — Bitcoin news outlet BTC Inc. and investment platform UTXO Management — as the deals that set the stage for what comes next. Both acquisitions closed on February 20, meaning their revenue contribution only counted for part of the quarter.\n\n\n\n\n\n\n\n\n\n\n\n\nAcquisitions Shape The New Direction\nNakamoto has been repositioning itself well beyond a simple Bitcoin holding company. The BTC Inc. and UTXO Management deals are described as foundational businesses that will anchor the company’s presence across the Bitcoin ecosystem.\n\n\n\n\n\n\n\n\n\n\n\n\n\nBTCUSD trading at $79,761 on the 24-hour chart: TradingView\nBailey said the focus for the rest of 2026 is execution — scaling operations, growing revenue, and building shareholder value through what he called disciplined capital allocation.\nOne planned revenue driver involves using Bitcoin holdings as collateral to run yield-generating derivatives strategies. The company also confirmed it will fully wind down its healthcare business by the end of Q2, putting more resources toward Bitcoin-related activities.\nNakamoto was previously known as KindlyMD before a merger with a Utah-based healthcare provider in August, followed by a full rebrand in January.\nRelated Reading: Trump Rejects Iran Peace Proposal — BTC Breaks $82,000\nStock Down More Than 99% From Its Peak\nNakamoto’s share price tells a harder story. Reports show the stock has fallen more than 99% from its all-time high. After the Q1 results were published, shares rose 2.7% in after-hours trading to $0.18 — a modest bounce that reflects cautious optimism rather than a broad recovery.\nThe company did not purchase any Bitcoin during the quarter. The broader Bitcoin treasury industry has faced pressure as the cryptocurrency sits roughly 37% below its record high.\nData shows most treasury-focused firms outside of Strategy and Metaplanet have pulled back on Bitcoin purchases over the past year. Some have sold portions of their holdings to cover debt obligations.\nFeatured image from The Daily Economy, chart from TradingView\n\n\n\nEditorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635742929","isCrawlerRequest":true}