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Kraken extends maturity of Nakamoto's $60m loan tranche to December 2027

NewsFeeds update

Nakamoto amended its loan agreement with Kraken, moving the maturity of a $60m tranche from 4 December 2026 to 4 December 2027, so no principal is due in 2026. The USDT-denominated loan totals $165m, split into $105m due 30 June 2027 and $60m due 4 December 2027.

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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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  1. Kraken extends maturity of Nakamoto's $60m loan tranche to December 2027

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