Nakamoto Inc. (NAKA) Strengthens Balance With 600 Bitcoin Sale, Refinancing, And Buyback Authorization
Nakamoto Inc. (Nasdaq: NAKA), a Nashville-based Bitcoin operating company, announced today a set of capital structure initiatives that include a $45 million debt reduction, a loan refinancing with extended maturities, and a $25 million share repurchase authorization. Shares of NAKA briefly climbed 20% on the news, at the time of writing. The company retired $45...
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