Nakamoto Sells $20M Bitcoin, Exits Metaplanet at Loss in Q1
Nakamoto, the Bitcoin treasury company formerly known as KindlyMD, sold $20 million worth of Bitcoin in March and cut a large portion of its Metaplanet stake at a loss during the first quarter of the year. The company, chaired by David Bailey, sold roughly 284 Bitcoin (BTC) for $20 million, implying an average price of…