Cryptocurrency31 Mar 2026SEO 801 min read

Analysis: David Bailey’s Nakamoto sells roughly 5% of its bitcoin holdings, offloading 28…

The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy. Nakamoto sold 284 bitcoin for $20 million, giving a…

The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy. Nakamoto sold 284 bitcoin for $20 million, giving an average sale price of $70,422 per bitcoin. The company’s stock has fallen around 99% from its all-time high in May 2025. Nakamoto Holdings (NAKA), a bitcoin BTC $ 66,053.44 firm founded by David Bailey, said it sold about 284 BTC for $20 million in March, marking a rare reduction in its holdings as it pivots toward a bitcoin treasury st…

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