How a Bitcoin Treasury company sold 600 BTC to cut debt but still ended up with $60 million due in December
Nakamoto, the dad or mum company of Bitcoin Magazine, faces a near-term balance-sheet check at year-end, when 60 million USDT of a Bitcoin-backed credit score facility comes due amid tight unencumbered liquidity and heightened market volatility. According to the company’s second-quarter regulatory filings, Nakamoto held $19.1 million in money as of June 30, whereas a separate 105 million…
