Nakamoto now owns 4,467 bitcoin (BTC) in his treasury.
David Bailey, CEO of the company, believes that “undervalued.”
The company Nakamoto Inc. sold 600 bitcoin (BTC) and positions in derivatives to settle a debt of $45 million for a loan requested from the Kraken exchange, as reported by the firm yesterday, June 11, 2026. This divestment generated net income of $48 million.
Through this movement, The corporation executed a reduction of its financial obligations and a strategic refinancing. The institutional objective of the sale was to “strengthen” its general financial balance through the direct injection of liquid capital to its accounts, explained the company in a statement.
As part of the restructuring, the corporate board formalized a new long-term commercial loan agreement. This financial pact extends the capital of 105 million of the USDT stablecoin until June 30, 2027.
The agreement provides the real possibility of reducing the annual interest rate of the credit to 7.75%. Additionally, offers superior operational flexibility in institutional guarantees by directly using them in the trading portfolio on the Bitwise exchange that the company currently owns.
Based on formal projections issued by management, this structural modification is expected to substantially reduce financing costs. The estimated savings will be approximately 4 million dollars annuallyas detailed by the economic spokespersons of the commercial organization.
«We believe Nakamoto remains significantly undervalued. Our approach is simple: grow bitcoin per share and prudently manage our obligations. “Today’s announcement achieves both objectives,” commented in a forceful way David Bailey, CEO of Nakamoto.
How did the market crash impact Nakamoto?
Nakamoto’s decision is due to the downward trend in the price of bitcoin. The currency has fallen more than 41% in the last year, trading today at $63,341. Likewise, the current price represents a 49% decline from its historical trading maximum of $126,000, reached on October 5, 2025.
The drop in the price of bitcoin directly affects Nakamoto’s financial stability due to the way its business model and its accounting balance sheet are structured.
To offset the impact, Nakamoto’s board of directors approved a $25 million common stock buyback. “This authorization provides the company with the necessary flexibility to periodically repurchase shares through various methods, including open market purchases, privately negotiated transactions, block operations and other legal means,” as approved by the organization’s management.
Before the operation, the firm held a total of 5,765 BTC. The transaction announced yesterday constitutes the fourth BTC sale carried out by the firm. Previously, on November 20, 2025, he sold 367 BTC, on December 31 of the same year he liquidated 56 BTC and on March 30, he sold another 284 BTC from his accounts, as reported by CriptoNoticias.
Currently, Nakamoto occupies position number 22 in the global list of publicly traded companies with reserves in bitcoin. With its current funds, it is directly surpassed in the international ranking by the Gemini exchange platform, which holds a net total of 4,619 BTC.
Bitcoin treasury shows its vulnerability
The corporate bitcoin accumulation strategy shows objective operational failures when market prices decline noticeably. The corporate treasury model directly exposes companies to enormous financial pressure when the value of the reserve asset decreases in a prolonged manner.
This situation occurs if the organization’s core business does not generate the cash flow necessary to efficiently absorb accounting losses. The vulnerability of the model is also reflected in the company’s stock price, whose shares fell 70% in the last year, going from 676 to 4 dollars. The chart below shows how the NAKA share price has moved over the last 12 months.
Similar financial behavior is recorded in other companies that adopted the same bitcoin treasury strategy. For example, Sequans Communications confirmed on May 28 that it used its bitcoin holdings to completely cancel its convertible debt, and will begin a progressive abandonment of this treasury model.
For investors, this change of course shows that the adoption of bitcoin as a corporate reserve is not infallible. Companies are forced to liquidate their digital assets with latent losses to sustain their basic operations, redefining the real risk of diversification towards digital assets on traditional balance sheets.