The public company Nakamoto Inc. reported the sale of bitcoins worth $20 million. In March, the firm sold 284 BTC at an average price of $70,422.
The assets were sold at a loss. The average purchase price of these coins was $118,171, resulting in an actual discount exceeding 40%. The proceeds will support the business following recent corporate mergers.
Last year proved financially challenging for the firm. Net losses increased to $52.2 million from $3.6 million the previous year. By the end of 2025, the price of the leading cryptocurrency fell to $87,519. Due to the revaluation of reserves, the company lost $166.2 million.
Nakamoto’s balance sheet still holds digital assets worth $467.5 million, including 1,625 BTC.
The company’s CEO, David Bailey, announced a strategic shift in the fourth quarter 2025 report. The company will completely abandon its medical division. In 2025, revenue from this segment fell to $1.8 million.
Nakamoto will now focus on integrating new assets. The firm previously acquired bitcoin media BTC Inc and investment fund UTXO Management. According to Bailey, the management will continue to seek projects for profitable acquisitions.
BitMine’s Assets
The American firm BitMine Immersion Technologies reported reserves totaling $10.7 billion. This includes 4.73 million ETH, 197 BTC, and $961 million in fiat currencies. The company also holds $200 million in securities of Beast Industries and $102 million in shares of Eightco Holdings.
🧵
1/ BitMine provided its latest holdings update for March 30, 2026:
$10.7 billion in total crypto + “moonshots”:
— 4,732,082 ETH at $2,005 per ETH (@coinbase)
— 197 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $102 million…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) March 30, 2026
Currently, Bitmine controls 3.92% of the total Ethereum supply. The management aims to increase this share to 5%. The company’s investment strategy is supported by major players: structures of Cathie Wood, funds Founders Fund, Pantera Capital, Kraken, and Galaxy Digital.
At the end of March, the firm launched the MAVAN platform for institutional staking. BitMine has already locked 3.14 million ETH worth $6.3 billion in the network.
According to Chairman Tom Lee, annual revenue from validator operations reached $177 million. He also noted the market’s emergence from a local crypto winter. Against this backdrop, the company increased its Ethereum purchasing rate to 71,179 coins per week.
Earlier in March, bitcoin miner MARA Holdings sold 15,133 BTC for approximately $1.1 billion.
