HOME > tracy emin > usd 284 - Nakamoto Inc. Sells 284 BTC to Establish $20M Operating Reserve
usd 284 - Nakamoto Inc. Sells 284 BTC to Establish $20M Operating Reserve
By |
2026-06-12 22:20:00 |
9773 min read
?? MATCH TIMELINE
12:34 PM
Kick-off: Home team starts strong.
15:22 PM
First goal scored by John Doe (23').
18:45 PM
VAR review: penalty awarded.
21:10 PM
Second half begins with intense pressure.
45+2'
Final whistle: 2-1 victory.
Nakamoto Inc., a Bitcoin treasury company, announced it sold 284 BTC in March 2026, raising approximately $20 million at an average price of $70,422 per Bitcoin. The sale aims to establish a US dollar operating reserve to address short-term liquidity needs, including strategic integration activities and interest on a Kraken loan.Despite the sale, Nakamoto Inc. maintains its stance on Bitcoin as a long-term strategic reserve asset. The company's financial report for 2025 revealed a loss of $166.2 million due to changes in the fair value of digital assets, with a weighted average cost per Bitcoin of $118,171. As of the end of 2025, Nakamoto held 5,342 Bitcoins, with the market price at $87,519.BTC+0.97%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
You may also like
Trump Media Transfers 2,650 BTC to Crypto.com Amid $455M Unrealized Loss
Morgan Stanley's Bitcoin ETF Increases Holdings by 14.333 BTC
Bitdeer Sells 201.6 BTC, Maintains Zero Bitcoin Holdings