律动BlockBeats|Dec 10, 2025 02:31
[Nakamoto Holdings Reaches $210 Million USDT Loan Agreement with Kraken]
BlockBeats News, December 10: According to an 8-K form submitted to the U.S. Securities and Exchange Commission, Nakamoto Holdings, a Bitcoin crypto treasury (DAT) company under KindlyMD, completed a $210 million USDT-denominated loan with Kraken on December 9. The fixed-term loan carries an annual interest rate of 8.00% and is set to mature on December 4, 2026. The loan is collateralized by Bitcoin valued at no less than $323.4 million, with the collateral held by Kraken-affiliated company Payward Financial. All three parties have signed a shared account control agreement. Nakamoto Holdings will use the proceeds from the Kraken loan to fully repay its outstanding obligations under the term loan granted in the master loan agreement signed with Antalpha Digital on October 6, 2025.
Nakamoto Holdings launched its Bitcoin treasury operations in August this year, with BTC Inc. co-founder David Bailey serving as CEO. Anchorage Digital, the only federally chartered digital asset bank in the United States, will provide Bitcoin custody and trading services.
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