SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Nakamoto Shares Fall 6% Premarket After Q3 Revenue Turns Negative

Nakamoto shares fell 6.5% in premarket trading after Bitcoin-options losses pushed third-quarter operating revenue below zero. The stock traded at $5.40 at 12:02 p.m. UTC Friday.

NAKAUSD

Shares in Nasdaq-listed Bitcoin treasury company Nakamoto fell 6.5% in premarket trading on Friday after the company reported that losses on Bitcoin options pushed third-quarter operating revenue below zero.Nakamoto’s shares traded at $5.40 at 12:02 pm UTC on Friday, according to Yahoo Finance. At…

Related stories