Bitcoin failed to live up to the hype in 2024 and 2025, and the market remains mostly bearish through 2026. Since hitting a local high of $126,000 in October 2025, Bitcoin has fallen significantly and is currently hovering around $73,000.
The cryptocurrency is down 41% from its ATH and 30% in the last year, and institutional investors who flooded the market in 2025 are counting their losses.
Nakamoto tops list of worst-performing Bitcoin government bonds
Losses on some government bonds, including Nakamoto, have reached record levels due to weak market performance.
According to Arkham, Nakamoto is worth $679 million. $BTC Average price is $118,000 per listing $BTC. Even though the market continued to fall, they held out in hopes of a rebound.
However, the downward trend continues. So they lost about $224 million in less than a year. Three months ago, they were forced to sell some of their holdings at a loss, selling 284 shares. $BTC For $70,000.
Nakamoto is currently down over 35%. $BTC Collection. The continued poor performance of Bitcoin bets has also had a significant impact on the company’s stock price.
As a result, the company’s stock price has plummeted 99.3% over the past year, from $956 to $6.5. This suggests that the stock price surged in May 2025 as the company turned aggressive. $BTC Accumulation.
However, as the market continued to decline, investors dumped stocks in fear of further losses. $BTC.
Losses reached $34 billion, forcing the sale of government bonds.
Nakamoto’s losses have skyrocketed, but it has not yet made any notable sales. This is in sharp contrast to other market participants.
During the prolonged market downturn, the total amount held in Bitcoin government bonds plummeted from $124 billion to $90 billion. This equates to $34 billion, or 27%.
As a result, some of these bonds were sold off significantly. AMBCrypto reported that Trump Media sold 2650 $BTC Worth $205 million.
It was forced to sell as losses soared to $455 million. That’s not all. AMBCrypto also reported that KULR Tech released funds worth $24 million. $BTC As the losses continued.
Interestingly, even Strategy has hinted at a possible sale. In fact, the strategy worked 411 $BTC Worth $30 million to Coinbase.
However, it appears that due to the market tension this deposit caused, they canceled the deposit and withdrew the 411 $BTCworth $30 million.
Therefore, considering the current trajectory, it seems likely that even Nakamoto will be forced to sell to cut losses or secure operating funds.
Final summary
- Nakamoto has been branded as the worst performing Bitcoin Treasury. $BTC He held more than 35% of the company, and his total losses amounted to $224 million.
- Bitcoin government bonds have been forced to sell as losses soared to $34 billion.
