Financing ·
On June 5, 2026, Nakamoto Inc. restructured its loan with Kraken, reducing the principal from 210 million USDT to 165…
NAKANakamoto Inc.
On June 5, 2026, Nakamoto Inc. restructured its loan with Kraken, reducing the principal from 210 million USDT to 165 million USDT after a $45 million partial repayment funded by the sale of Bitcoin and derivatives. The new June Loan is secured by 3,805.112 Bitcoin, with tranches maturing on December 4, 2026 (60 million USDT) and June 30, 2027 (105 million USDT), bearing a fee of 7.75% to 8.00% per annum. Additionally, the company regained Nasdaq compliance regarding the minimum bid price requirement as of June 9, 2026, and the Board approved a share repurchase program on June 10, 2026, for up to $25 million of common stock expiring December 31, 2026. The company operates in the digital asset industry, managing Bitcoin-backed financing and investments.