Crypto

Nasdaq-Listed Bitcoin Firm Nakamoto Sells BTC, Cuts Debt and Authorizes Share Buyback

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In brief

  • Nakamoto, Inc. said it sold about $48 million worth of Bitcoin and derivatives positions to help eliminate debt.
  • The company also refinanced other debt and authorized a $25 million share buyback program.
  • NAKA shares finished the day up nearly 10%, but are down almost 39% in the last…

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