Nakamoto Shares Fall 6% Premarket After Q3 Revenue Turns Negative
8 Articles
8 Articles
Cointelegraph
Cryptocurrency News | Cryptocurrency Prices | Market CapNakamoto Shares Fall 6% Premarket After Q3 Revenue Turns Negative
Nasdaq-listed Nakamoto’s shares fell in pre-market trading after the Bitcoin treasury company reported negative total operating revenue for the third quarter of 2026.
Amid a 4.2% drop in Bitcoin (BTC) price over the past 24 hours, shares of Nakamoto, a Bitcoin treasury company traded on Nasdaq, have fallen…
Nakamoto shares fall 6.5% in the pre-market after negative operating revenue of $1.9 million in the third quarter, according to Cointelograph
Nakamoto Crypto Shares Drop 6% Pre-Market After Q3 Revenue Turns Negative
Nakamoto, a Nasdaq-listed Bitcoin “treasury” company, saw its shares drop sharply in early trading on Friday after it disclosed that losses on its Bitcoin options weighed on quarterly results. The stock fell 6.5% in premarket activity and was trading at $5.40 at 12:02 pm UTC, according to Yahoo Finance. The selloff comes amid investor scrutiny [...]
Nakamoto closed the third quarter of 2026 with negative operating income, although Bitcoin went up during that period. The company reported a loss of USD $5.8 million in derivatives and a net accounting gain of USD 85.5 million, driven mainly by the unrealized valuation of its BTCs. Its shares receded after the publication of the results, although no confirmed reason was identified for that movement.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
