Nakamoto Reports Third Quarter 2026 Financial and Operating Results
Business Wire•12/11/2026•16:15 ET
0
Key Highlights
- ➤Net income $85.5 million, or $4.07 per diluted share
- ➤GAAP operating income $91.9 million, driven by $110.4 million digital-asset fair-value gain
- ➤Adjusted operating loss $15.8 million as total operating revenue reached negative $1.9 million
- ➤4,283 Bitcoin held September 30, valued at $357.9 million
- ➤Kraken facility maturity extended; no scheduled principal due in 2026
Expert Statements
David Bailey, Chairman and Chief Executive Officer of Nakamoto
“We spent the third quarter building. We launched Bitcoin Magazine TV to add year-round sponsorship revenue, took UTXO into structured credit, and held Bitcoin Asia in Hong Kong. We also announced Intelligence 2027, our first event built around AI. i27 takes our events business behind The Bitcoin Conference into the intersection between AI, investment, enterprise adoption and policy.”
David Bailey, Chairman and Chief Executive Officer of Nakamoto
“We are doing this work while Bitcoin trades well below its highs. Markets move in cycles, and we are building Nakamoto to perform through all of them, by extending our debt maturities and building operating businesses that earn revenue beyond our Bitcoin holdings. We are confident that these initiatives and our selective approach to deploying capital will help us drive sustainable earnings and long-term shareholder value.”
Nakamoto Reports Third Quarter 2026 Financial and Operating Results
New Launches Across Media, Asset Management, and Events Broaden Operating Reach
Get started
Create a free account to read the full story.