CryptoBullishBitcoin Magazine · 4h ago6/10
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Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization
Nakamoto Inc. (NASDAQ: NAKA) executed a strategic balance sheet optimization by selling approximately 600 Bitcoin and derivatives for $48 million, using proceeds to retire $45 million in debt while maintaining a substantial 4,467 BTC reserve. The company simultaneously refinanced its Kraken loan at improved terms and authorized a $25 million share buyback program, signaling confidence in its financial position.
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