Nakamoto sells 600 BTC to cut debt by about $45M, keeps 4,467 BTC on balance sheet

On June 11, Bitcoin treasury company Nakamoto said it cut outstanding debt by about $45 million after selling roughly 600 BTC and related derivative positions for net proceeds near $48 million, leaving about 4,467 BTC on its balance sheet. It also agreed a term sheet with Payward Interactive to extend about $105 million to June 30, 2027 and approved up to $25 million in share buybacks through 2026.