CEO David F Bailey purchased 55,115 shares ($309.5K) at $5.62 avg; stock down 99.5% from $1180 high amid $-238.8M annual loss.
David F Bailey, CEO of Nakamoto Inc., executed 2 separate purchases totaling 55,115 shares for $309,515.85 on 2026-05-28, at a blended average price of $5.62. His post-transaction holdings reach 3,175,476 shares. This purchase occurs in a deeply distressed context: the company's stock trades at $5.40, down 99.5% from its 52-week high of $1180.00, down 30.7% over 30 days and 48.3% over 90 days. Fundamentally, the company reported quarterly revenue of $1,607,000.00 and an annual net loss of $-238,776,000.00 with full-year profitability absent, alongside 33.0% annual revenue decline. The CEO's purchase of modest size (1.8% growth in his pre-transaction holdings) against this backdrop of severe stock depreciation and ongoing losses warrants investor scrutiny into the drivers and context of this transaction.