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Nakamoto repays USD 45 million Kraken loan after selling 600 bitcoin
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Nakamoto repays USD 45 million Kraken loan after selling 600 bitcoin
  • Nakamoto repaid about USD 45 million of debt to Kraken, funded by selling about 600 Bitcoin and Bitcoin-linked derivatives for about USD 48 million.
  • Refinancing term sheet extended USDT 105 million of principal to June 30, 2027; USDT 60 million now matures on Dec. 4, 2026.
  • Interest rate can drop to 7.75% from 8% if 2,000 Bitcoin is maintained as baseline collateral in a Bitwise-managed account.
  • Annual interest expense expected to fall by about USD 4 million; Bitcoin treasury stands at about 4,467 Bitcoin post-transaction.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nakamoto Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260611838812) on June 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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