Nakamoto Holdings Sells Portion of Bitcoin Reserves

Nakamoto Holdings, a company led by David Bailey, has taken a significant step in its business strategy by selling a portion of its Bitcoin reserves. The firm sold 284 Bitcoins for approximately $20 million, marking the first time it has reduced its crypto holdings since adopting its bitcoin treasury strategy.

The sale represents about 5% of Nakamoto's total Bitcoin holdings, which stood at 5,342 BTC as of December 31, 2025. The average sale price per Bitcoin was $70,422, indicating a loss of around 40% for the company due to its high purchase price.

Nakamoto will use the proceeds from the sale to fund working capital and integration efforts for its recent acquisitions, including bitcoin-focused media group BTC Inc. and investment firm UTXO Management.