Sunday 15 November
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Nakamoto pushes $60M Kraken loan repayment to December 2027

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's subsidiary amended its 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.

For IT people · Written by AI from 2 sources · Wrong?

What to do

  1. Check Nakamoto's next quarterly report for updates on its collateral coverage.

Written by AI from the sources, checked against them

Full story timeline · 2 updates

  1. Fri 13 NovemberBitcoin firm Nakamoto pushes $60 million Kraken loan repayment to 2027 to extend its 'runway'CoinDesk
  2. Nakamoto Extends $60M Kraken Loan, Adds Bitcoin Derivatives to Its CollateralCryptoPotato

Who reported · 2 outlets

CoinDeskCryptoPotato

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