BUSINESSBITCOIN MAGAZINE
Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, and Buyback Authorization
Nakamoto Inc. (NAKA) reduced $45 million in debt by selling 600 Bitcoin, refinanced loans with Kraken to extend maturities and lower interest rates, and authorized a $25 million share repurchase program. The company now holds approximately 4,467 Bitcoin and expects annual financing cost savings of $4 million.
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