Nakamoto, also known as KindlyMD and the Bitcoin treasury, has sold 20 million dollars worth of Bitcoins since March. The company cut its Metaplanet holdings at a considerable loss in the first quarter.
David Bailey is the chairman of this company. It sold 284 Bitcoins (BTC( ), for $20,000,000, which implies an average of $70400 per coin. Nakamoto had valued Bitcoins at $87.519 each at the end of 2025. The company held 1,625 BTC for $142.2 million.
“We plan to use the proceeds to invest further in our businesses as well as replenish our working capital for costs associated with the recent Mergers,” The company said In a file.
Following the March sale of 284 BTC, the Bitcoins held by the company are now at approximately 5,058 BTC. They were 5,342 BTC as of the end of 2025.
Related: Nakamoto Holdings’ shares sink as $563M PIPE deals trigger massive sell-off
Nakamoto sells Metaplanet at a loss
Nakamoto sold a large portion of his Metaplanet holdings at a substantial loss in addition to its crypto-sale. Eight million shares were purchased at $3.75 per share, costing the firm about $30 million. The firm sold approximately five million shares at a cost of $11.1million, or $2.22 each.
By the year 2025, Metaplanet’s investment was already marked down. Nakamoto reported a loss on position of $9.29 millions, including the foreign exchange impact, and the carrying value fell to $200.7 million.
Nakamoto reported a loss of $166.2 millions in 2025, due to fluctuations in its fair value crypto holdings as Bitcoin fell below the average price at which it was purchased. A net loss of 52.2 million dollars was posted by the company for this year.
Related: Metaplanet raises $255M and adds warrant structure for Bitcoin buys
Nakamoto leaves healthcare
It is not a statementBailey stated that Nakamoto intends to close down the legacy healthcare businesses while focusing on recent acquisitions. BTC Inc and UTXO Management.
Nakamoto’s shares have dropped sharply over the past few months. Shares are down 40 percent year-to date and 80 percent over the past 6 months. according Yahoo! Finance provides data. Finance. Nakamoto shares were trading at $0.21 as of the date this article was written, a far cry from their peak price above $30 in mid-2025.
The company KindlyMD still traded as KindlyMD in December 2025. received a Nasdaq notice The company’s shares have fallen below $1 in the last 30 days. A six-month window is given to the company to get back on track or it will be delisted.
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Source: cointelegraph.com
