Nakamoto Q3 Financials Highlight Options Loss Amid $85.5 Million Bitcoin-Driven Profit
November 13, 2026
Nakamoto reported an $85.5 million Q3 net profit driven by Bitcoin valuation gains, despite an options hedging strategy pushing operating revenue into negative territory.
Nakamoto has extended its $60 million USDT debt maturity with Kraken to 2027 while securing credit for protective derivatives. However, persistent bitcoin price volatility keeps liquidation risks alive.