Nakamoto sells around 600 BTC to repay $45 million in debt Nasdaq-listed Bitcoin company Nakamoto announced the sale of approximately 600 BTC and related derivatives, generating a net profit of about $48 million to repay $45 million in debt. After the transaction, the company still holds around 4,467 BTC. The company also reached a new loan agreement with Kraken, extending approximately $105 million in USDT debt to June 2027, with the interest rate reduced to as low as 7.75%. This is expected to save about $4 million annually in financing costs. The board has additionally approved a stock buyback plan of up to $25 million, effective through the end of 2026. The company stated that it regained compliance with Nasdaq's minimum stock price requirements as of June 9.