earnings
confidence high
sentiment negative
materiality 0.80
Nakamoto Q2 2026: Revenue $35.9M, net loss $133M, adjusted op income $7.3M
Nakamoto Inc.
2026-Q2 EPS reported
-$20.69
revenue$26,579,000
- Total operating revenue $35.9M: $25.6M from media/asset mgmt, $10.4M from Bitcoin treasury/derivatives.
- GAAP operating loss $149.1M incl. $105.2M goodwill impairment and $48.7M mark-to-market losses; net loss $133.0M ($6.65/diluted share).
- Adjusted operating income $7.3M, first positive since becoming Bitcoin operating company; Bitcoin 2026 revenue $22.6M vs $13.1M at Bitcoin 2023.
- Reduced debt by ~$45M USDT, extended ~$105M to June 30, 2027; held 4,467 BTC ($261.5M fair value) at quarter-end.
- Board authorized $25M share repurchase; CIO Tyler Evans appointed to Board; healthcare clinics closed June 19, 2026.