Key Highlights Nakamoto reduced its Bitcoin holdings by approximately 184 BTC during the quarter, although its filing did not identify the reduction as a single sale. The company generated approximately $13.2 million in additional proceeds from digital asset sales and held Bitcoin valued at about $357.9 million at the end of September. Nakamoto continues to ...
Key Highlights: Nakamoto’s roughly 3,000 pledged bitcoin were worth about $208 million at Friday’s price below $69,000, or approximately 126% of its outstanding loan. Kraken will now include the net value of Nakamoto’s pledged derivatives account in daily collateral tests, while treating any net negative value as zero. Nakamoto’s $210 million loan began last December ...
Key Highlights Kraken amended Nakamoto’s $165 million USDT credit facility on November 12, 2026. The debt is now split into $105 million due June 30, 2027, and $60 million due December 4, 2027. Eligible collateral now includes the net value of Nakamoto’s Bitcoin derivatives positions with Payward Oceanic Ltd. Kraken Restructures Nakamoto’s $165 Million Bitcoin-Backed ...
USBC, a company known for its Bitcoin treasury strategy, has filed a registration statement covering approximately 359.82 million shares. The shares represent about 92.7% of…