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Nakamoto extends $165M Kraken loan repayment to 2027 amid Bitcoin price drop and stock value decline

Market News
13 Nov 2026, 08:38 WIB
Crypto news
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Bearish
Nakamoto extends $165M Kraken loan repayment to 2027 amid Bitcoin price drop and stock value decline

Nakamoto has secured an extension on its $165 million loan from Kraken, pushing all principal repayments into 2027 and eliminating payments in 2026. The company's stock market value has fallen below its outstanding debt, with Nakamoto owing 165 million USDT while its market cap is about $104 million. Nakamoto pledged 3,030 Bitcoin as collateral, worth approximately $208 million at current prices, but the decline in Bitcoin's value has pressured its collateral position. The amended agreement also allows Kraken to count Bitcoin derivatives toward collateral, providing Nakamoto more flexibility to manage its debt amid Bitcoin price fluctuations.

Nakamoto Games (NAKA) has a market cap of Rp56.69 million on Pluang as of Nov 13, 2026, 13:51 WIB, with a 24-hour trading volume of Rp12.43 million. The token's price declined by 4.73% in the past day, trading at Rp530. This trading activity reflects investor reactions to the company's financial adjustments and collateral challenges described in the news.

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