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Hristina Vasileva

Nakamoto Holdings Posts Collateral Twice as Bitcoin Falls Below $92,000

Nakamoto Holdings posted additional collateral to its $250 million Bitcoin-backed loan facility twice within one week as Bitcoin dropped below $92,000. The company, which holds a convertible note arrangement with Antalpha, transferred 1,000 BTC from its treasury on November 21 to meet margin requirements. CEO David Bailey stated that 367 BTC previously moved from holdings were invested in shares of other Bitcoin treasury companies rather than sold outright.
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