Wrap a <p class="navbar-btn">
around the <a class="btn">
:
<nav class="navbar navbar-default navbar-fixed-top">
<div class="container">
<ul class="nav navbar-nav">
<li>
<p class="navbar-btn">
<a href="#" class="btn btn-default">I'm a link button!</a>
</p>
</li>
</ul>
</div>
</nav>
JSFiddle: http://jsfiddle.net/lachlan/398kj/
Screenshot: