Nakamoto Inc.

Nakamoto Inc. is a Bitcoin company that builds a global portfolio of Bitcoin-native companies. The company holds Bitcoin on its balance sheet and aims to provide investors with exposure to Bitcoin's global growth by leveraging its treasury to acquire and develop an ecosystem of Bitcoin companies across finance, media, and advisory services. Formed in 2019 as a healthcare company, Nakamoto Inc. transformed into a Bitcoin operating company on August 14, 2025, after acquiring a privately held Bitcoin treasury company through a reverse merger. On February 20, 2026, the company acquired BTC Inc, a provider of Bitcoin-related media and events, and UTXO Management GP, LLC, an investment firm focused on private and public Bitcoin companies. Through BTC Inc, Nakamoto Inc. operates one of the largest global media platforms for Bitcoin, which includes the Bitcoin Conference. UTXO is the first investment in the company's financial and asset management services division. Nakamoto Inc. also advises Bitcoin-native and adjacent companies on capital formation, transactions, and scale. As of December 31, 2025, the company has two principal business segments: Bitcoin Operations, which houses its Bitcoin treasury and supports investments in other Bitcoin-related companies, and Healthcare Operations, which provides patient-focused healthcare solutions to reduce opioid use and improve health outcomes. A core component of the business strategy is the acquisition and holding of Bitcoin as a treasury reserve asset.