Bitcoin treasury company Nakamoto reported third-quarter net profit of $85.5m, or $4.07 per diluted share, helped by a $110m non-cash fair-value gain on digital assets. It held 4,283 BTC worth about $358m at 30 September, and extended the maturity on $60m of a $165m USDT Kraken loan to 4 December 2027.
Nakamoto posts $85.5m third-quarter net profit on 4,283 BTC holding
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The story so far: Nakamoto Kraken loan maturity extension
Nakamoto amended its $165m USDT loan with Kraken, moving the maturity of a $60m tranche from 4 December 2026 to 4 December 2027. Nakamoto reported third-quarter net profit of $85.5m and held 4,283 BTC at 30 September; Bitcoin Treasuries says it sold 184 Bitcoin in the third quarter.
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Nakamoto posts $85.5m third-quarter net profit on 4,283 BTC holding
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