Nakamoto Inc. Schedule 13D Filing

David Bailey, Chairman and CEO of Nakamoto Inc., has filed a Schedule 13D detailing his beneficial ownership of 119,361,200 shares of Common Stock, representing 17.33% of the outstanding shares. The acquisition of these shares was primarily through various merger agreements (Nakamoto Merger, UTXO Merger, BTC Merger) and a consulting agreement. Bailey holds sole voting and dispositive power over these securities, which he considers a long-term investment. He has no current plans to acquire or dispose of additional securities but reserves the right to change his intentions. The filing also includes details on lock-up agreements restricting the sale of a portion of his shares for up to 12 months post-merger and a registration rights agreement. Bailey has appointed attorneys-in-fact to handle filings related to his securities transactions.