Nakamoto reduced its debt by $45 million by selling approximately 600 BTC and launched a $25 million stock buyback program.

PANews reported on June 11 that Nasdaq-listed Bitcoin operating company Nakamoto announced an optimization of its capital structure, generating approximately $48 million in net proceeds from the sale of about 600 BTC and related derivatives, which will be used to repay $45 million in debt. Following the transaction, the company still holds approximately 4,467 BTC. According to the announcement, the company entered into a new loan agreement with Kraken, extending approximately 105 million USDT of debt to June 30, 2027, and reducing the loan interest rate to a minimum of 7.75%, which is expected to reduce financing costs by approximately $4 million annually. Simultaneously, the company's board of directors approved a share repurchase program of up to $25 million, valid until the end of 2026, to enhance shareholder returns.

According to reports, Nakamoto stated that it has regained compliance with Nasdaq's minimum share price listing requirements on June 9th, and has resumed its compliant status.

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Author: PA一线

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