Nakamoto said Chairman and CEO David Bailey purchased 191,448 common shares for nearly $1 million from May 26 through May 28. The Nasdaq-listed company, which operates as a Bitcoin treasury company, also said its balance sheet holds more than 5,000 Bitcoin. Following the share purchases, Bailey now owns about 18.25% of the company’s outstanding common shares. The disclosure links insider buying with a corporate strategy centered on holding Bitcoin as a treasury reserve asset.