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CryptoMediumUpdated×5•Originally published 29 March 2026•Updated 31 March 2026•

1 min read

Nakamoto Inc. Stock Plummets 99% Following Failed Bitcoin Treasury Strategy

A dramatic image showing a red downward trend line, a cracked cube with a Bitcoin symbol, and 'SYSTEM FAILURE -99%'. Debris, circuit boards, and broken crypto coins are scattered.

Key Facts

1Nakamoto Inc. lost $23.6 billion in market value.

2 months ago

Version History

5 additional sources confirmed this story

Version 52 months ago

What changed: Added specific details regarding the company's $118,000 Bitcoin entry price, highlighting the scale of the mistimed investment.

Version 42 months ago

Version 32 months ago

What changed: Added specific detail that the $20 million Bitcoin liquidation resulted in a 40% realized loss for the company.

Version 22 months ago

What changed: Updated with Monday's trading data, including the $0.21 closing price, the 7.16% daily drop, the after-hours recovery, and the 40% year-to-date decline.

Version 12 months ago

What changed: Nakamoto Inc. began liquidating its Bitcoin treasury, selling 284 BTC for $20 million in March to reduce exposure, and the ticker symbol NAKA was added.

Nakamoto Inc. (NAKA) continues to struggle following the near-total wipeout of its market value due to its failed Bitcoin treasury strategy. Recent disclosures revealed that the company purchased Bitcoin at a peak price of $118,000 per BTC prior to the stock's collapse, underscoring the poor timing of the investment. On Monday, the company's shares closed at $0.21, marking a daily decline of 7.16%, though the stock rebounded 9% in extended trading. Despite this minor recovery, NAKA remains down approximately 40% year-to-date, reflecting deep-seated investor skepticism. The firm's troubles intensified after it was forced to sell 284 BTC in March for about $20 million, a liquidation that resulted in a 40% realized loss. This collapse, which erased nearly $23.6 billion in market capitalization, remains a stark cautionary tale for corporate digital asset adoption. Market analysts continue to monitor the stock as it attempts to stabilize from its massive peak-to-trough decline.