Nakamoto CEO David Bailey buys $209,989 in company stock

David F. Bailey, CEO and a 10% owner of Nakamoto Inc., made recent stock purchases amounting to $209,989 over two days, August 19-20, 2026. The shares, bought at prices ranging from $5.5885 to $6.2675 per share, follow a 43% week-over-week stock surge despite a 98% decline in the past year. Analysts rate the stock as overvalued on the Most Overvalued watchlist.

On August 19, Bailey acquired 32,133.836 shares at an average price of $5.5885, indirectly held through his spouse's ownership, while on August 20, he purchased an extra 4,852 shares at $6.2675 per share in a $6.25-$6.36 range. This brings Bailey's total Nakamoto Inc. holdings to 3,185,246 shares. Meanwhile, Nakamoto Inc. has been transitioning to a Bitcoin-focused business model, closing healthcare clinics, reducing debt by $45 million, authorizing a $25 million share repurchase, and appointing new auditor Wolf & Company.