Nakamoto Inc.

Strategy (MSTR) shares surged over 12% after the company announced a $1.25 billion Bitcoin sales plan and a $1 billion stock buyback program. The move marks a strategic shift from its previous Bitcoin accumulation focus, as the company aims to fund a U.S. dollar reserve and cover dividend obligations. Other Bitcoin-linked stocks like Nakamoto (NAKA) and Strive (ASST) also rose, while Bitcoin itself declined over 6% in the past week.

Nakamoto Inc. (NAKA) closed its last healthcare clinic on June 19, 2026, completing its transition to a Bitcoin-focused operating business. The company now operates three core verticals—media and information services, asset management, and consulting—aimed at generating recurring revenue independent of Bitcoin's price.

Nakamoto closed its healthcare clinics on June 19 as part of a merger-linked wind-down, shifting focus entirely to bitcoin operations. The company, associated with David Bailey, is completing this transition to pivot fully into bitcoin.

Nakamoto Inc. (NAKA) reduced $45 million in debt by selling 600 Bitcoin, refinanced loans with Kraken to extend maturities and lower interest rates, and authorized a $25 million share repurchase program. The company now holds approximately 4,467 Bitcoin and expects annual financing cost savings of $4 million.

Bitcoin industry leaders at The Bitcoin 2026 Conference emphasized collaboration among competitors as a key driver of institutional adoption. They highlighted structural challenges, such as institutional barriers limiting Bitcoin access, and stressed the need for infrastructure development like custody solutions and regulatory clarity to enable hyperbitcoinization.

A documentary titled 'This Time Is Different' is being produced to document Bitcoin's four-year cycle, focusing on David Bailey of Nakamoto Inc. and the company's public launch. The film, led by filmmaker Parker Worthington, captures Nakamoto Inc.'s $710 million capital raise and challenges in navigating the crypto market, with a potential 2027 release.

UTXO Management, a subsidiary of Nakamoto Inc., launched a dual-class digital credit income fund targeting yield above U.S. Treasury bills. The fund's Senior Income Class prioritizes fixed returns, while the Total Return Class uses leverage and digital credit strategies. It marks UTXO's entry into structured credit and expands its Bitcoin ecosystem investments.

Nakamoto Inc. launched a Bitcoin derivatives program to generate income from market volatility and hedge downside risk. The program, managed by Bitwise Asset Management and custodied by Kraken Institutional, uses two components: an income sleeve (covered calls and call spreads) and a hedging sleeve (protective puts and put spreads).