Nakamoto pushes $60M Kraken loan repayment to December 2027
CRYPTO NEWSKrakencoinbrief/daily · 2 sources
- Severity
- Low
- Sources
- 2
What happened
Nakamoto, a company that holds bitcoin, has agreed with the exchange Kraken to delay repaying $60 million of its loan until December 2027. The rest of the loan is due in June 2027, so none of it falls due this year. The company's bitcoin held as security is still worth more than the debt.
Like I’m new · Written by AI from 2 sources · Wrong?
What to do
- 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
Who reported · 2 outlets
CoinDeskCryptoPotato
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