[Nakamoto Reports $239 Million Loss in Q1] According to Cointelegraph, Nakamoto's revenue in the first quarter of 2026 grew 500% quarter-over-quarter, but the company reported a net loss of $239 million. The loss was primarily attributed to a $108 million non-cash impairment and a $102 million mark-to-market loss due to the 23% price drop of the 5,058 BTC held by the company. During the reporting period, Nakamoto completed acquisitions of BTC Inc. and UTXO Management, did not increase its Bitcoin holdings, and sold 284 BTC on March 31 to cover operating expenses. CEO David Bailey stated that the company plans to expand its Bitcoin reserves and trading strategies and intends to shut down its healthcare business by the end of the second quarter.