Nakamoto (NAKA) posts $239 million loss, stock hits all-time low, still holds over $400 million in BitcoinOdaily reported that Nakamoto (NAKA) has officially transformed into a Bitcoin operating company. Its financial report shows that due to the decline in Bitcoin's price, the company recorded a net loss of nearly $239 million in the first quarter. As a result, its stock price hit an all-time low of $0.16 on Thursday, down over 99.5% from its 52-week high. The company's total revenue for the first quarter was $2.7 million, of which $1.1 million came from derivative strategies.To meet working capital needs, the company sold 284 Bitcoins in the first quarter, worth approximately $22 million, and an additional 40 Bitcoins received as revenue, worth approximately $3.2 million. Currently, Nakamoto still holds over 5,000 Bitcoins, with a holding value exceeding $400 million. Today's Bitcoin price is approximately $80,922.
