Nakamoto Shares Hit 52-Week Low $0.166 After $239M Q1 Loss, Additional BTC Sales

Nakamoto Inc. shares plunged to a 52-week low near $0.166—99.5% below its $34.77 high—following Q1 earnings revealing a $238.8 million net loss from a $102.5 million mark-to-market hit on 5,058 BTC amid a 23% price drop to $68,220, plus a $107.7 million non-cash pre-acquisition charge. Revenue surged over 500% quarter-on-quarter to $2.7 million after February acquisitions of BTC Inc. and UTXO Management, but the firm sold 284 BTC (~$22M) for expenses and ~40 BTC from derivatives premiums. Shares initially rose 2.7% after-hours to $0.18 before slipping 3.3% in session trading amid $630.4 million U.S. ETF outflows on May 13 and BTC at ~$79,761.