Nakamoto sells $20M Bitcoin and cuts Metaplanet stake

Grafa
Nakamoto sells $20M Bitcoin and cuts Metaplanet stake
Nakamoto sells $20M Bitcoin and cuts Metaplanet stake
Isaac Francis
Written by Isaac Francis
Share

Nakamoto has sold 284 Bitcoin for about $20 million in March, marking a reduction in its crypto exposure as part of a broader restructuring strategy.

The sale was executed at an average price of around $70,400 per coin, roughly 20% below its end-2025 valuation of $87,519, highlighting pressure on its digital asset portfolio.

“We plan to use the proceeds to invest further in our businesses as well as replenish our working capital for costs associated with the recent Mergers,”

The company said.

The firm also reduced its Metaplanet stake, selling five million shares for approximately $11.1 million at an average price of $2.22, locking in losses on a previously marked-down investment.

Nakamoto had initially acquired eight million Metaplanet shares for about $30 million, with earlier unrealised losses already lowering the carrying value to $20.7 million.

The portfolio adjustments follow a $166.2 million loss tied to digital asset valuation changes and a total net loss of $52.2 million for 2025.

Shares remain under pressure, down 40% year-to-date and 80% over six months to around $0.21, as the company faces a Nasdaq compliance deadline tied to its sub-$1 share price.

At the time of reporting, Bitcoin price was $68,407.76.

Perguntas frequentes

Conecte-se conosco

A Grafa não é um consultor financeiro. Você deve buscar aconselhamento independente, jurídico, financeiro, tributário ou de outra natureza que se relacione às suas circunstâncias únicas.

A Grafa não se responsabiliza por qualquer perda causada, seja por negligência ou de outra forma, decorrente do uso ou da confiança nas informações fornecidas direta ou indiretamente pelo uso desta plataforma.