Nakamoto revenue jumps, but Q1 loss hits $238.8M
Nakamoto reported $2.7 million in first-quarter operating revenue after completing its acquisitions of BTC Inc. and UTXO Management on Feb. 20. Summary Nakamoto reported $2.7 million in Q1 revenue after closing BTC Inc. and UTXO deals. The company’s $238.8 million loss was mainly tied to Bitcoin marks and option accounting. Nakamoto sold 284 BTC for
