---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007414"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:49:54.508548+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nakamoto corrects CEO's X Space: BTC and UTXO combined revenue $78M, not ~$100M

## Summary
- CEO David Bailey estimated combined revenue of ~$100M; actual preliminary unaudited revenue for BTC and UTXO was $78M for 12 months ended Dec 31, 2025.
- Combined EBITDA (non-GAAP) for the 12 months ended Sep 30, 2025 was $34.2M; reconciled from net income of $40.1M.
- BTC and UTXO are pending acquisitions by Nakamoto; the corrected figures relate to their pre-acquisition performance.
- Regulation FD disclosure; information furnished, not filed.

## SEC filing metadata
- accession: 0001493152-26-007414
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000149315226007414/0001493152-26-007414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000149315226007414/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007414
- JSON: https://secwatch.observer/filing/0001493152-26-007414.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007414.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.