Nakamoto sells about 600 BTC for $48M net, targets $45M debt paydown and approves $25M buyback

Nakamoto said it sold about 600 BTC and Bitcoin related derivatives for $48M in net proceeds to repay $45M of debt, and refinanced its 165M USDT loan to extend 105M USDT of principal to June 2027. It expects about $4M in annual financing cost reductions, authorized a buyback of up to $25M, and reported holdings of about 4,467 BTC while regaining Nasdaq compliance.