[Nakamoto Sells Approximately $20 Million in Bitcoin to Establish USD Operating Reserves] Nakamoto Inc. (NASDAQ: NAKA) released its full-year 2025 financial report, disclosing that it has sold approximately $20 million worth of Bitcoin to establish USD operating reserves to cover short-term liquidity needs such as strategic integration activities and Kraken loan interest payments. The financial report shows that the company's weighted average cost of Bitcoin holdings is $118,171 per coin, while the market price of Bitcoin as of December 31, 2025, was $87,519 per coin. For the full year, the company recorded a loss of $166.2 million due to changes in the fair value of digital assets. As of year-end, the company held 5,342 Bitcoins and stated that Bitcoin remains a long-term strategic reserve asset, with this sale being solely for short-term liquidity management.