Leaderboard / Bitcoin Treasury / United States
Nakamoto Inc. (formerly KindlyMD) (NAKA) bitcoin per share
Nakamoto Inc. (formerly KindlyMD) is a dedicated bitcoin treasury company, which means BTC per share is not a curiosity here. It is the product. When accumulation is the whole strategy, the only question that matters is how much bitcoin stands behind each share and whether that number is rising or falling. Listed on Nasdaq and based in the United States, it holds 4,467 BTC against 17,400,000 shares outstanding, which works out to 25,672.41 satoshis per share. That places it at rank 5 of 81 on the bitcoinps.com leaderboard, firmly in the top tier of per-share bitcoin exposure.
The math
The calculation is deliberately simple: 4,467 BTC (as of August 3, 2026) divided by 17,400,000 basic shares (as of May 22, 2026) gives 0.00025672 BTC per share. Put another way, you would need roughly 3,896 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.
Holdings context
This is one of the more interesting rows on the board: the company has been selling bitcoin while buying back its own stock. Selling coins cuts the numerator, but retiring shares cuts the denominator, and when the stock trades below its bitcoin value per share the swap can actually raise BTC per share.
What would change this number
- New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
- Buybacks. The company has been repurchasing its own shares. Buybacks shrink the denominator, so each remaining share represents more bitcoin, which is why treasury companies trading below their bitcoin value per share often prefer buybacks to new coin purchases.
- Further bitcoin sales. Recent disclosures show the company selling bitcoin. Each sale reduces the numerator directly, and per-share exposure falls with it unless the proceeds retire shares or debt in a way that offsets the loss of coins.
- Split mechanics. A reverse stock split has already reshaped this share count. Splits change BTC per share mechanically without changing economic exposure: a 1-for-10 reverse split multiplies the per-share figure tenfold while leaving each investor's total sats untouched. Always check the split history before comparing this row across time.
Quick reference: at the current figure, roughly 3,896 shares of NAKA represent one full bitcoin.
Sources
- https://www.businesswire.com/news/home/20260520087361/en/Following-Stockholder-Approval-Nakamoto-Announces-1-for-40-Reverse-Stock-Split-to-be-Effective-on-May-22-2026
- https://www.coindesk.com/markets/2026/04/10/david-bailey-s-nakamoto-is-trying-to-stay-on-nasdaq-and-it-s-turning-to-a-reverse-stock-split
- https://stockanalysis.com/stocks/naka/statistics/
Listed on Nasdaq. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.