Nakamoto Fuels 20% Surge for NAKA Stock With Latest Bitcoin Sale
Nasdaq-listed Nakamoto Inc. (NAKA) sold approximately 600 Bitcoin (BTC) and Bitcoin-related derivative positions for around $48 million in net proceeds, repaying $45 million of its Kraken loan on Thursday. The Bitcoin operating company also extended most of its remaining debt to June 2027 and authorized a share repurchase program of up to $25 million. It...
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