Nakamoto
CompanySecurity timeline
- In the news by U.TodayNakamoto sells 184 BTC, leaving its treasury with 4,283 BTC
- In the news by CointelegraphNakamoto shares fall 6% premarket after Q3 revenue turns negative
Recent news
Nakamoto sells 184 BTC, leaving its treasury with 4,283 BTC
Nakamoto, the company run by David Bailey, has reduced its bitcoin holdings by a further 184 BTC. Its treasury now stands at 4,283 BTC.
Nakamoto pushes $60M Kraken loan repayment to December 2027
Nakamoto's subsidiary Nakamoto Holdings amended its Kraken loan, moving the $60 million maturity from 4 December 2026 to 4 December 2027. The remaining $105 million is due on 30 June 2027, so no principal is scheduled to mature in 2026. The company can now count the net value of its bitcoin derivatives in its pledged Kraken account as collateral, subject to limits.
Nakamoto shares fall 6% premarket after Q3 revenue turns negative
Nakamoto's quarterly operating revenue fell below zero after a $5.8 million loss on Bitcoin options, and its shares dropped about 6% in premarket trading. The company has also extended repayment of $60 million owed to Kraken to 2027.