PANews reported on November 22 that, according to analyst Emmett Gallic's post on the X platform, Arkham monitoring data shows that Bitcoin treasury company Nakamoto (formerly Kindly MD) has transferred 1,003 BTC to Cobo as collateral for its previous $250 million convertible bond financing. This is the company's second additional BTC collateral this week. The initial offering price was set at Bitcoin's all-time high of $124,000. With the market downturn, margin pressure is evident, and the risk of excessive leverage needs to be closely monitored.