Nakamoto Inc Sells 600 BTC in Major Bitcoin Treasury Deleveraging

Nakamoto Inc Clears Nasdaq Delist Risk: Launch $25M NAKA Share Buyback

Nakamoto Inc just made a bold capital move. The Nasdaq-listed Bitcoin treasury company sold roughly 600 BTC and related derivatives, pulling in $48M in net proceeds, and immediately used $45M of that to pay down debt.

This is one of the clearest examples of BTC treasury company deleveraging seen in 2026 so far.

Nakamoto BTC Holdings Drop, NAKA Debt Reduction Plan Takes Shape 

After the sale, the company still holds 4,467 Bitcoins on its balance sheet. At BTC prices around $63,000–$64,000, that stack sits at roughly $280M–$290M in value. Selling 600 coins represents around 12% of what the firm previously held, a targeted, calculated move.

The firm also refinanced its remaining $165M USDT loan with Kraken at a new interest rate of 7.75%, down from the previous rate of approximately 8%. Part of that loan, $105M, now extends to June 2027. The firm projects around $4M in annual interest savings from this refinancing.

NAKA Share Buyback and Nasdaq Compliance Signal a Stability Push

The board did not stop at debt reduction. It formally approved a $25M share repurchase program, active through year-end. That kind of authorization shows how the management is thinking about shareholder value too and not just survival.

The recent news also came alongside a key regulatory win. Nakamoto regained compliance with Nasdaq's minimum bid price requirement, removing the delisting risk that had been hanging over the company.

NAKA Share price reacted sharply to all of this:

• Intraday jump of roughly 20% at $2.96 on the announcement before setting cool

• Closed up 9.5% at around $4.47, compared to the previous close of roughly $4.08

• Still remains well below 2025 highs, which sat north of $34 on a pre-split adjusted basis

Source: Google Finance

Institutional Bitcoin Strategy: What Nakamoto Inc's Move Tells the Market 

Nakamoto is not a pure BTC holding company. It owns BTC Inc., which operates Bitcoin Magazine and The Bitcoin Conference. It also controls UTXO Management, an asset management arm. The company went public through a SPAC reverse merger in 2025 and has faced heavy dilution since then.

This Nakamoto Bitcoin update for 2026 shows a firm trying to reset. Lower interest costs, a cleaner balance sheet, and Nasdaq compliance all reduce near-term pressure. CEO David Bailey has also been buying shares personally, which adds another layer of confidence signaling.

For the broader market, corporate Bitcoins sales like this add minor selling pressure but nothing market-moving at scale. 

Bitcoin price today sits at $63,644.94, up 1.79% in the last 24 hours, with a market cap of $1.27T and 24-hour trading volume of $28.59B.

Disclaimer: This article is for informational purposes only. All information and data are based on current market conditions and publicly available sources at the time of publication. The content does not make any claims, guarantees, or investment recommendations.