Community Articles

via The Block · By The Block Editorial

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

BTC

BTC/USDT

$79,704.14

-0.13%

$79,704.14

-0.13%

(24s)

24h Volume

$8,048,489,680.83

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,711.92

▼ -0.15%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,878.00

Price$79,711.92

Support 1$79,635.96

Support 2$73,033.65

Support 3$70,930.00

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.3

The Block Editorial

(08:22 AM UTC)

1 min read

Approved bySarah Chen

0 comments

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Live BTC price →More BTC news →

Comments