Nakamoto shares fall 6% premarket after Q3 revenue turns negative
MARKETSKrakencoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Nakamoto, a company dealing in Bitcoin, reported negative revenue for the third quarter after a $5.8 million loss on Bitcoin options. Its shares fell about 6% before the market opened. It has also extended the repayment of a $60 million debt owed to Kraken until 2027.
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Cointelegraph