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Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, And Buyback Authorization
Nakamoto (NASDAQ: NAKA) sold roughly 600 Bitcoin and related derivatives for $48 million to retire $45 million of debt, refinanced its remaining Kraken loan at a lower interest rate with extended maturities, authorized a $25 million share buyback program, and retained 4,467 BTC on its balance sheet.
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morningstar.com
Nakamoto Strengthens Capital Structure Through Debt Reduction, Refinancing, and Share Repurchase Authorization
Nakamoto Strengthens Capital Structure Through Debt Reduction, Refinancing, and Share Repurchase Authorization
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cryptobriefing.com
Nakamoto eliminates $45M debt, authorizes $25M share repurchase as it regains Nasdaq compliance
Nakamoto Inc. eliminated $45M in debt, authorized a $25M share buyback, and regained Nasdaq compliance as it evolves its Bitcoin-treasury strategy.
