earnings
confidence high
sentiment negative
materiality 0.85
KindlyMD posts Q3 net loss of $86M; Bitcoin treasury holds 5,398 BTC
Nakamoto Inc.
2025-Q3 EPS reported
-$1.24
revenue$1,376,391
- Net loss $86.0M ($0.42/diluted share) vs $1.0M loss in Q3 2024; revenue $0.4M down from $0.6M.
- Completed merger with Nakamoto; holds 5,398 Bitcoin as of Nov 12, 2025, purchased at avg $118,204.
- Invested $45M in Bitcoin treasury companies: $30M in Metaplanet, $15M in Treasury BV, and $6M in FUTURE Holdings.
- Appointed Amanda Fabiano (ex-Galaxy, Fidelity) as COO; established $5B ATM program, raised $5.6M at avg $4.15.
- Non-cash charges: $59.8M loss on acquisition and $22.1M unrealized loss on digital assets drove net loss.