Bitcoin treasury company Nakamoto reported $85.5 million in net income for Q3, holding 4,283 BTC
Odaily reports: According to U.S. SEC filings, Bitcoin treasury company Nakamoto (Nasdaq: NAKA) has released its Q3 2026 financial results. As of September 30, the company held 4,283 BTC with a fair value of approximately $357.9 million, of which 3,030 BTC were pledged as collateral for notes payable and 1,253 BTC were unencumbered.
The filing shows that Nakamoto's Q3 net income was $85.5 million, with diluted earnings per share of $4.07, primarily driven by approximately $110.4 million in non-cash fair value gains on digital assets. Total operating revenue for the period was -$1.9 million, including $3.9 million in revenue from operating businesses and -$5.8 million in net derivatives income.
As of September 30, the company held $19.4 million in cash and cash equivalents, with total notes payable of approximately $164.9 million. Additionally, Nakamoto extended the maturity date of $60 million USDT out of its $165 million USDT Kraken loan to December 4, 2027, on November 11, with the remaining $105 million USDT maturing on June 30, 2027. No principal is due within 2026.
