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via The Block · By The Block Editorial

David Bailey's Nakamoto reports $239 million Q1 loss as bitcoin treasury value slides

BTC

BTC/USDT

$64,469.85

+0.57%

$64,469.85

+0.57%

(24s)

24h Volume

$4,445,144,744.29

24h H/L

$64,662.99 / $64,104.97

Change: $558.02 (0.87%)

Long/Short

64.9%

Long: 64.9%Short: 35.1%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,500.80

▲ 0.20%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,630.19

Price$64,500.80

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.2

The Block Editorial

(08:22 AM UTC)

1 min read

Approved bySarah Chen

676 views

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Nakamoto Inc., the bitcoin treasury firm led by entrepreneur David Bailey, reported a $238.8 million net loss for the first quarter of this year, as the company recorded non-cash losses tied to the decline in bitcoin (BTC) prices during the quarter.

The quarterly loss was mainly driven by a $102.5 million mark-to-market loss tied to bitcoin's decline from $87,519 to $68,220, alongside a $107.7…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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