Arkham：Nakamoto Bitcoin holdings market value drops over 35%, becoming the worst-performing BTC treasury company to date

Odaily reported that Arkham posted on X platform, stating that Nakamoto purchased approximately $679 million worth of Bitcoin at an average price of around $118,000 and held it long-term without moving. Only three months ago, it sold 284 BTC at around $70,000, accumulating a total loss of approximately $224 million, making it the worst-performing Bitcoin treasury company to date.

Currently, the market value of Bitcoin held by Nakamoto has fallen over 35%, and its stock price has also plummeted 99.4%, from $1,000 (adjusted for splits) down to $5.60. The actual peak stock price was only around $30, before subsequently falling below $0.20, prompting a 1-for-40 reverse stock split under Nasdaq compliance requirements.