Nakamoto stock price drops 6% before the market opens after Q3 revenue turns negative
2026-11-13 21:53:48
According to CoinMeta, the stock price of Nakamoto fell by 6.5% in pre-market trading on Friday, following a report from the company that its operating income in the third quarter turned negative due to losses on Bitcoin options. The stock price of Nakamoto was at $5.40 at 12:02 p.m. on Friday, representing a decrease of about 62% from the beginning of the year. The company announced its third-quarter results after the market closed on Thursday, showing revenue of $3.9 million and an operating income of -$1.9 million due to a net loss of $5.8 million on Bitcoin options. Analysts expected the company's revenue for the third quarter to be around $17.4 million.
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Source:Cointelegraph
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