Revenue: As of FY2026 Q1, the actual value is USD 2.678 M.

EPS: As of FY2026 Q1, the actual value is USD -0.38.

EBIT: As of FY2026 Q1, the actual value is USD -121.95 M.

Overall Financial Performance

• Total operating revenue for Q1 2026 was $2.7 million, including $1.6 million from operating businesses and $1.1 million from Bitcoin treasury and derivatives strategy, compared to $580 thousand for Q1 2025 .
• Net loss was -$238.8 million for Q1 2026, primarily due to a -$102.5 million mark-to-market loss from Bitcoin price decline, a -$107.7 million non-cash reduction in cumulative gain from a pre-acquisition call option, and approximately -$8.0 million in transaction-related and integration costs, compared to -$1,038 thousand for Q1 2025 .
• Operating loss (GAAP) was -$126,170 thousand for Q1 2026, compared to -$1,042 thousand for Q1 2025 .
• Adjusted operating loss (non-GAAP) was -$7,770 thousand for Q1 2026, compared to -$1,024 thousand for Q1 2025 .

Segment Revenue and Operating Loss (For the Quarter Ended March 31, 2026)

• Media & Information Services:
  • Revenue: $0.8 million, comprising $0.5 million from media and $0.4 million from advisory services .
  • Operating loss (GAAP): -$2.8 million .
• Asset Management:
  • Revenue: $0.2 million from management fees .
  • Operating loss (GAAP): -$0.5 million .
• Bitcoin Operations:
  • Revenue: $1.1 million generated from the Company’s Bitcoin treasury and derivatives strategy .
  • Operating loss (GAAP): -$109.9 million, which includes -$102.5 million in mark-to-market Bitcoin losses and -$7.9 million in investment losses related to Metaplanet and Treasury B.V. .
• Healthcare Operations:
  • Revenue: $0.5 million .
  • Operating loss (GAAP): -$0.6 million .
• Other:
  • Operating loss (GAAP): -$12.5 million, including approximately -$6.9 million of transaction-related and integration costs .

Operational Metrics

• Bitcoin Holdings: Nakamoto Inc. held more than 5,000 Bitcoin as of March 31, 2026, with an aggregate fair value of approximately $345 million at quarter-end .
• Assets Under Management (AUM): Totaled approximately $109.5 million as of March 31, 2026, for the Asset Management segment .
• Bitcoin Transactions: Approximately 284 BTC were sold to support working capital, and approximately 43 BTC were received in premium income from derivatives strategies, with approximately 40 BTC subsequently sold .

Liquidity & Capital Structure

• Cash on Hand: $35.3 million as of March 31, 2026 .
• Enterprise Value: $327 million as of March 31, 2026, calculated as market capitalization of $152 million, plus notes payable of $210 million, less cash and cash equivalents of $35 million .
• Shares Outstanding: Common shares outstanding were 690,018,254 and fully diluted shares outstanding were 892,723,519 as of March 31, 2026 .

Outlook / Guidance

Nakamoto Inc. plans to focus on execution, scaling operating businesses, expanding revenue opportunities, and building shareholder value through disciplined capital allocation and conviction in Bitcoin for the remainder of 2026 . The wind-down of legacy healthcare operations is expected to be substantially completed by the end of the second quarter of 2026 . The company anticipates benefits, synergies, and strategic impact from recent acquisitions, along with continued integration efforts .