---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-038468"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2026-08-14T20:42:43+00:00"
generated_at: "2026-08-14T20:45:09.701277+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nakamoto Q2 2026: Revenue $35.9M, net loss $133M, adjusted op income $7.3M

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-038468
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2026-08-14T20:42:43+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000149315226038468/0001493152-26-038468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000149315226038468/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-038468
- JSON: https://secwatch.observer/filing/0001493152-26-038468.json
- Plain text: https://secwatch.observer/filing/0001493152-26-038468.txt

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