Nakamoto disclosed that it sold 284 BTC in March of this year to establish operating reserves in US dollars.

CoinFeed reported on March 31 that, according to Business Wire, Bitcoin treasury company Nakamoto Inc. released its financial results for the fourth quarter and full year of 2025. The report disclosed that in March 2026, it sold approximately 284 BTC, realizing about $20 million (an average selling price of about $70,422), to establish a dedicated US dollar operating reserve for short-term liquidity needs such as paying for strategic integration activities and Kraken loan interest. The report shows that the company's weighted average cost per Bitcoin was $118,171, while the market price of Bitcoin as of December 31, 2025, was only $87,519. The company recorded a loss of $166.2 million for the year due to changes in the fair value of digital assets. As of the end of the year, the company held a total of 5,342 Bitcoins.