Bitcoin treasury company Nakamoto said it has completed a series of financial strategy adjustments, including reducing debt by $45 million, revising loan terms, and authorizing a share repurchase program of up to $25 million.
According to Foresight News, the company said the updated loan terms include extending part of its repayment schedule to 2027 and adjusting interest rates.
Nakamoto also said it has regained Nasdaq compliance status.
The company reported it currently holds a reserve of 4,468 bitcoins.
Chief Executive Officer David Bailey said the changes are intended to strengthen the balance sheet and lower financing costs, adding that the company believes Nakamoto remains significantly undervalued.
Nakamoto Cuts $45 Million Debt and Approves Up to $25 Million Share Buyback
2026-06-11 13:04:29
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