Nakamoto reported a revenue of $35.9 million in the second quarter, with adjusted operating profit turning positive for the first time.

August 13, Bitcoin treasury company Nakamoto Inc. released its Q2 2026 financial report, the first full quarter of operation as an integrated Bitcoin enterprise. Total operating revenue was $35.9 million, with $25.6 million contributed by media information services and asset management business, and $10.4 million contributed by Bitcoin treasury and derivatives strategies. Adjusted operating profit was $7.3 million, achieving positive earnings for the first time; however, GAAP operating loss was $149.1 million, mainly due to a $105.2 million non-cash goodwill impairment and a $48.7 million loss in Bitcoin fair value. Net loss was $133 million, with a diluted loss per share of $6.65. The company also reduced its outstanding debt by approximately $45 million and extended $105 million in principal to June 30, 2027. As of June 30, the company held 4,467 bitcoins, with a fair value of approximately $261.5 million.

Nakamoto's Chairman and CEO, David Bailey, stated that the company hosted the world's largest Bitcoin event, Bitcoin 2026, in this quarter, facilitated 210k Capital Fund's first settlement-based Bitcoin ETF transaction through a primary broker and DTCC settlement, and reduced approximately $45 million in debt. He emphasized that "Nakamoto is entering the second half of the year with a stronger balance sheet, a more focused strategy, and a business orientation towards the Bitcoin economy."