Bitcoin treasury agency Nakamoto Holdings (NAKA) bought round $20 million price of bitcoin in an effort to enhance its stability sheet, however shares fell to a recent all-time low early Tuesday following the late Monday announcement.
The agency reported a fourth quarter lack of $142.6 million in honest worth of its digital property amid bitcoin’s downward slide, whereas additionally registering a $10.8 million funding loss tied to its stake in Metaplanet.
Heavy losses on holdings
Regardless of the gross sales, Nakamoto ended the 12 months with 5,342 bitcoin in its treasury, price round $359 million on the time of writing.
With a reported weighted common buy worth of $118,171, the agency is estimated to be down round $275 million on its holdings as bitcoin traded close to $66,693 on Tuesday—roughly 47% off its all-time excessive.
At year-end, the agency was already down round $166 million on its bitcoin holdings, because the asset had fallen sharply from its October peak of $126,080.
CEO urges short-term holders to exit
CEO David Bailey acknowledged the turbulent first 12 months in an announcement, noting the agency had accomplished its merger with KindlyMD in August 2025 and purchased each BTC Inc and UTXO Administration in February.
Bailey had beforehand addressed shareholders straight in a September letter:
“For these shareholders who’ve come in search of a commerce, I encourage you to exit.”
COO Amanda Fabiano added that the agency’s focus is now on strengthening its working companies and mixing working earnings with disciplined capital allocation to reinvest in development and bitcoin accumulation.
Inventory close to report lows
Shares of NAKA had been buying and selling round $0.217 on Tuesday, up roughly 3.3% on the day however down almost 80% over the previous six months.
Earlier within the session, shares touched $0.211, the agency’s lowest worth on report.
Nakamoto initially raised greater than $700 million to construct a bitcoin-focused digital asset treasury, and administration has emphasised a long-term dedication to the asset regardless of the risky begin.